3361 N Fm 17, Alba, TX 75410

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
26012610
Subtype
Commercial Sale
Year Built
1985
Lot Size
87,120
Acres
2

Property Description

TURNKEY RESORT INVESTMENT OPPORTUNITY NEAR LAKE FORK! Discover an excellent income producing property offering multiple revenue opportunities and room for future growth. This established resort features 8 one-bedroom, one-bath units, with most tenants having enjoyed the property for 3–5 years, providing a strong history of established occupancy. The property also includes an existing car wash and 3 additional sites ready for development, creating opportunities to expand the rental operation or add additional income-producing units. The owner's cabin is currently configured as a 1 bedroom, 1 bath but could easily be converted to a 3 bedroom, 2 bath residence. Conveniently located near local restaurants and just a short distance from Lake Fork, this property is ideally positioned for both long-term tenants and those looking to capitalize on the area's recreational appeal. Whether you're an investor looking for an established income-producing property or an entrepreneur seeking a turnkey resort with expansion potential, this property offers a unique opportunity in the heart of East Texas.

Additional Information

Taxes
$2,106
Heating
Central
Air Conditioning
Central Air

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Calculator source: Real Geeks

Listing Courtesy of: with Signature Properties, LLC-Lake Fork. paul@paultibbets.com

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