4250 Tx-154, Yantis, Texas 75497

$380,000
List Price
$380,000
Price Change
▼ $19,000 1696271870
MLS#
20197722
Status
ACTIVE
Type
Commercial
Year Built
2017
Acres
1.30
County
Wood
City
Yantis

Property Description

Stable View Cottages is located just 3 minutes from Lake Fork on Hwy. 154. Sitting on 1.5 acres, 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. The other five cabins have one large queen bedroom, custom full-size futon, SmartTV, and fully equipped kitchens. Each full unit includes a back porch overlooking Lake Fork Stables. Each unit has access to electric for boat charging and boat parking. Mini-split AC Heat units. Fiber optic internet. LED parking lot lights. Aerobic septic system. Hand painted murals to celebrate the nature and beauty of Lake Fork. Repeat tournament clientele as well as an excellent reputation on Airbnb and other booking websites. Conveniently located near three public boat ramps. Minutes from the Neon Moon, Gateway Bar, and marinas. Built in May 2018 and is a turnkey business opportunity with self-check in system.

Additional Information

Gross Annual Expenses
38483
Gross Annual Income
74156
Tenant Pays
Other
Lot Size
56,628
Subdivided
Yes
Flooring
Laminate
Foundation
Brick/Mortar
Roof
Metal
Building Stories
1
Ceiling Height Type
Less than 8 Ft, 8 to10 Feet
Street Utilities
Aerobic Septic, All Weather Road, Co-op Electric
Heating Cooling
Electric
Construction Material
Siding
Parking Garage
Driveway
Road Frontage Desc
Highway
Building Sq. Ft.
2040
Number of units
6
Leasable Sq Ft
408
Business Name
Stableview Cottages
Building Use
Hotel/Motel
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Genevieve Golden from Golden Realty Group LLC. Contact: 903-206-2586