Waterfront Bar/Restaurant, Marina and Hotel 371 Navaho Trl 23 Room Hotel Onalaska, TX 77360 $2,390,000 ($103,913/Room)
INVESTMENT HIGHLIGHTS
- +/- 400 linear feet of water frontage on Lake Livingston with boat launch
- Huge growth potential with RV concept expansion next door
- Access to water & sewer
EXECUTIVE SUMMARY
MOTIVATED SELLER! BRING ALL OFFERS!! The Waterfront Bar/Restaurant, Hotel & Boat Slips are sitting on 2.021 acres with approximately 400 linear feet of water frontage on Lake Livingston. This is a great opportunity to own one of the few waterfront restaurants on Lake Livingston. The property has access to city water & sewer. The restaurant has approximately 8,000 sqft and the hotel has about 12,0000 sqft. Additionally, the hotel has 22 units and there are 22 private boat slips for rent. Furthermore, there is a 7.61 acre RV park next door also available for sale at $2.25M. Owner financing is available for both properties.
PROPERTY FACTS
| Price | $2,390,000 |
| Price Per Room | $103,913 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.02 AC |
| Building Size | 20,372 SF |
| No. Rooms | 23 |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.95/1,000 SF |
| Corridor | Exterior |
| Zoning | 360 - Commercial. City of Onalaska |
AMENITIES
- Balcony
- Business Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Marina
- Beach (direct access)
ABOUT 371 NAVAHO TRL , ONALASKA, TX 77360
The Waterfront Bar/Restaurant, Hotel & Boat Slips are sitting on 2.021 acres with approximately 400 linear feet of water frontage on Lake Livingston. This is a great opportunity to own one of the few waterfront restaurants on Lake Livingston. The property has access to city water & sewer. The restaurant has approximately 8,000 sqft and the hotel has about 12,0000 sqft. Additionally, the hotel has 22 units and there are 22 private boat slips for rent. Furthermore, there is a 7.61 acre RV park next door also available for sale at $2.25M. Owner financing is available for both properties.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 23 | $69.00 | - |
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PROPERTY TAXES
| Parcel Number | 10221-0046-00 | Improvements Assessment | $788,404 |
| Land Assessment | $351,595 | Total Assessment | $1,139,999 |
