Lake Commercial For Sale
Little Rocky Lodge located in Lake Whitney, Texas, is a lakefront oasis that is the perfect getaway for families and friends. The Lodge offers cozy and comfortable accommodations, private access to the lake, fully equipped and modern kitchens, childrens' playground, and a variety of outdoor activities including fishing, swimming, boating, kayaking and more. The lodge itself is a charmingly appointed wooden structure with large decks overlooking the waterfront. Acreage does not include Army Core of Engineers lease that extends the property to the lake. The multi-year lease permits the Lodge guest s exclusive private access to the lake, use of the boat ramp and boat slips. Current vacancy is 75%. Models have indicated that by moving the vacancy rate to 50%, the new owner can achieve a material increase to the current cap rate.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 7892
- Year Built: 1996
- Location: Lake Whitney
- Acres: 1.529
- Lakefront: Yes
- Lakeview: Yes
- ViewTypes: Lake, Water
- County: Bosque County
- Community: Ridgewood
- Siding: Brick
- Roof: Composition
- MLS #: 20283484
Location
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Ad Statistics:
Ad Number : | 3612462 |
Viewed: | 664 times |
Added: | Mar 25, 2023 |
Updated on: | Mar 25, 2023 |
All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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