4250 Hwy 154, Yantis, TX 75497

$425,000

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List Price
$425,000
MLS#
21348223
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2018
Construction Status
Preowned
Acres
1.46
County
Wood
City
Yantis

Property Description

Are you looking for a up and running short term rental at the world Famous Lake Fork? This is it! Llocated just 3 minutes from Lake Fork on main highway it is ideal location! The property includes 6 fully furnished buildings with a total of 7 rentable units. Cabin 1 features two hotel-style rooms, mini fridges separated by a fully equipped laundry room. Other cabins have one large bedroom, custom full-size futon, oversized SmartTV, and fully equipped kitchens. Each full unit includes a back porch overlooking a pasture with idea lid views of the horse stables… hence the name Stable View Cottages. Each unit has access to electric for boat charging and boat parking for every cabin. There are Mini-split AC Heat units and Fiber optic internet. You have a well lit parking lot for your guests, aerobic septic system and individual electric meters for each unit. You can’t miss this property as you drive by because of the hand painted murals to celebrate the nature and beauty of Lake Fork. There is repeat tournament clientele as well as an excellent reputation on Airbnb and other booking websites. Conveniently located near three public boat ramps. Minutes from restaurants, groceries and marinas. Built in May 2018 this is a turnkey business opportunity with self-check in system & near the new state park. Public Driving From the corner of 154 and 515 turn south on 154, and the cottages will on the left

Additional Information

Unexempt Taxes
$3,892
Tenant Pays
Other
Lot Size
63,597
Lot Description
Cleared, Few Trees
Flooring
Other
Foundation
Other
Roof
Metal
Building Stories
1
Parking Garage
Additional Parking, Driveway, Gravel, Other
Proposed Use
Hotel/Motel, Other
Inclusions
Furniture, Inventory, Land & Improvements
Possession
CloseOfEscrow

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tamara Clark from Promised Land Group, LLC. Contact: 903-953-3675