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Marina and RV Park on LAKE O' PINES 469 James rd 8 Room Hotel Avinger, TX 75630 $2,500,000 ($312,500/Room) 8.43% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Operational Marina
  • 30+ RV Sites
  • Gas pump on water

EXECUTIVE SUMMARY

Travis Turner, Broker of Turn Key Property Group is pleased to introduce exclusively for sale Marina and RV Park on Lake O' Pines.
The sale is 7+/- acres of deed land which includes 8 cabins a shop and 30+/- RV sites, as well as a USACE lakefront lease. Sale will be subject to lease transfer to qualified buyers. Property is newly renovated and ready for new ownership.
Current management in place lives on-site and willing to stay for new owners. Current ownership is hands off.
Situated on 7 acres, it has additional room of expansion if desired.
Some of the amenities include:
30 RV sites--30/50 Amp
110+ boat slips(waiting list)
Boat Ramp
8 cabins
100X80 shop with inventory
24 Hr. Laundry Facility
24 Hr. Restrooms & Showers
General store on water.
One of only marinas on lake with boat ramp and on water gas pump!!
Confidential in nature, call broker for more information and NDA to execute prior to release of business name and/or financials. Showings by appointment only. This is an active business, DO NOT DISTURB.
Information deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. Email listing broker to obtain more information.
Seller will consider owner financing with the following terms. 20-30 year carry, 2-3 year balloon. 8% interest, 35%+ down.
Buyer approval subject to qualification.
Travis Turner, Broker
254-855-6430

PROPERTY FACTS

Price $2,500,000
Price Per Room $312,500
Sale Type Investment
Cap Rate 8.43%
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 6.32 AC
Building Size 5,389 SF
No. Rooms 8
No. Stories 1
Year Built/Renovated 1990/2023
Parking Ratio 3.34/1,000 SF
Corridor Exterior

AMENITIES

  • Marina
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ABOUT 469 JAMES RD , AVINGER, TX 75630

Situated on 8 acres, it has additional room of expansion if desired. Some of the amenities include: 30 RV sites--30/50 Amp 110+ boat slips(waiting list) Boat Ramp 8 cabins 100X80 shop with inventory 24 Hr. Laundry Facility 24 Hr. Restrooms & Showers

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 8 $196.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13238
  • 13244
  • 10356
Land Assessment
$96,640
Improvements Assessment
$0
Total Assessment
$96,640
  • Listing ID: 35394848

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 469 James rd, Avinger, TX 75630

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