3361 N Fm 17, Alba, Texas

$499,000
Active
3361 N Fm 17, Alba, Texas
3361 N Fm 17, Alba, Texas
3361 N Fm 17, Alba, Texas
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Property Details

MLS ID: 26012610
Status: Active
Price: $499,000
Acres: 2±
Type: Commercial
Address: 3361 N Fm 17
City, State: Alba, TX
County: Wood County
ZIP Code: 75410
Lat/Long: 32.84870, -95.63056
Year Built: 1985

Description

TURNKEY RESORT INVESTMENT OPPORTUNITY NEAR LAKE FORK! Discover an excellent income producing property offering multiple revenue opportunities and room for future growth. This established resort features 8 one-bedroom, one-bath units, with most tenants having enjoyed the property for 3–5 years, providing a strong history of established occupancy. The property also includes an existing car wash and 3 additional sites ready for development, creating opportunities to expand the rental operation or add additional income-producing units. The owner's cabin is currently configured as a 1 bedroom, 1 bath but could easily be converted to a 3 bedroom, 2 bath residence. Conveniently located near local restaurants and just a short distance from Lake Fork, this property is ideally positioned for both long-term tenants and those looking to capitalize on the area's recreational appeal. Whether you're an investor looking for an established income-producing property or an entrepreneur seeking a turnkey resort with expansion potential, this property offers a unique opportunity in the heart of East Texas.

Directions: From intersection of Fm 182/ Fm 17, continue on FM 17 towards Lake Fork, property will be on your Left 3.9 miles. No sign

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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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HomeLand Properties, Inc.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

Listed By: David Simpkins of Signature Properties, Llc-lake Fork - (903) 497-7004