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9530 W FM 515 3,256 SF Specialty Building Offered at $475,000 at a 11.79% Cap Rate in Alba, TX 75410
INVESTMENT HIGHLIGHTS
- Celebrated as one of the top accommodations at World Famous Lake Fork with over 20 years of clientele
- Covered Boat Parking
- Well maintained turnkey motel
EXECUTIVE SUMMARY
Welcome to The Burnin Stump Lodge, a well maintained turnkey motel just minutes from the world famous Lake Fork. Celebrated as one of the top accommodations at Lake Fork, it is ideal for anglers, weekend travelers, or anyone in search of a peaceful retreat. This 10-room lodge offers guests comfort and convenience. Each room is thoughtfully furnished with two queen-size beds, a full-size shower, its own water heater, a 42-inch flat-screen TV, refrigerator, microwave, coffee maker, and a desk-work area. All rooms are non-smoking, ensuring a fresh and inviting atmosphere for every guest. Guests also benefit from covered parking directly in front of each unit, simplifying arrivals and departures while providing protection from the weather. The property features a laundry room and a dedicated office space, ensuring organized and efficient operations. Located just around the corner from a public boat ramp, multiple bait & tackle stores, and local restaurants. If you're looking for a rewarding hospitality business near one of the country's premier fishing lakes, the Burnin Stump Lodge is a rare gem with limitless potential. Book your private showing today!
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$97,000
|
$29.79
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$97,000
|
$29.79
|
| Taxes |
$3,668
|
$1.13
|
| Operating Expenses |
$40,000
|
$12.29
|
| Total Expenses |
$43,668
|
$13.41
|
| Net Operating Income |
$53,332
|
$16.38
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $97,000 |
| Annual Per SF | $29.79 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $97,000 |
| Annual Per SF | $29.79 |
| Taxes | |
|---|---|
| Annual | $3,668 |
| Annual Per SF | $1.13 |
| Operating Expenses | |
|---|---|
| Annual | $40,000 |
| Annual Per SF | $12.29 |
| Total Expenses | |
|---|---|
| Annual | $43,668 |
| Annual Per SF | $13.41 |
| Net Operating Income | |
|---|---|
| Annual | $53,332 |
| Annual Per SF | $16.38 |
PROPERTY FACTS
| Price | $475,000 | Building Class | C |
| Price Per SF | $145.88 | Lot Size | 1.89 AC |
| Sale Type | Investment | Building Size | 3,256 SF |
| Cap Rate | 11.79% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2000/2015 |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Zoning | Commercial - Commercial | ||
| Price | $475,000 |
| Price Per SF | $145.88 |
| Sale Type | Investment |
| Cap Rate | 11.79% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 1.89 AC |
| Building Size | 3,256 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2000/2015 |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial |
1 1
PROPERTY TAXES
| Parcel Number | R105107 | Total Assessment | $276,610 |
| Land Assessment | $59,120 | Annual Taxes | $3,668 ($1.13/SF) |
| Improvements Assessment | $217,490 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
R105107
Land Assessment
$59,120
Improvements Assessment
$217,490
Total Assessment
$276,610
Annual Taxes
$3,668 ($1.13/SF)
Tax Year
2025
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9530 W FM 515
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