$1,950,000

507 Cr 1550

Alba TX, 75410

Description

Looking for an extraordinary business opportunity? Wellfor the first time in over 32 years one of the top marinas on world famous Lake Fork is ready for new ownership! Established and operated by the same family over this time, Mustang Resort has established itself as the frequent preference for weekend visitors, long-term customers and Fishing Pros alike. With great attention to detail, the owners have built and maintained all aspects of this marina to a consistently high quality in both workmanship and service. Mustang Resort benefits from multiple revenue streams such as: 120 RV-Park Model sites each with its own electric meter (100% leased), 60 boat storage units (12 x 25, 100% leased), 10-room Motel (with many recent upgrades), Bait shop, gas pump, and public fee-based boat launch. Mustang Resort is unsurpassed as a top marina on Lake Fork with great amenities, custom-built owners home, 1500 SF on-site office and store with bait and sundries, 2 boat ramps, future development areas, and increasing revenue possibilitiesCall for an appointment today!

Details

MLS#10106214
StyleHospitality
Sub-TypeResale
StatusActive
Days On Site210

Features

Story(s)1
ZoningCommercial

Market Activity 75410

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Area Information

StateTX
CountyWood
CityAlba
Zip Code75410
AreaWood
Listing VS Median (in 75410)
Price:
$1,950,000
low | high
Med:
$227,000
100% of Average
On Site:
210
low | high
Med:
54
100% of Average
Listing Updated: 10/18/2019
MLS Number: 10106214
Listing Provided By:
Linda Burns  of  Signature Properties LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tyler Association of REALTORS®.