$1,549,000
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2.85 Acres Lot
SOLD DATE : 10/02/2023
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Subdivision Pk Lake
MLS Listing ID 20314313
Sold Date 10/02/23
Total Fin. Sqft 8899
Year Built 2003
Lot Size 2.850 Acres
Acres 2.85
Property Description
The Motorboat Inn ™ has recently completed approximately $600k of extensive improvements. Located in an active boating area with nearby restaurants, hiking trails, and other attractions. New custom-built website, Google My Business listing, social media presence and internet booking software. Brand new HVAC units for each room, new energy efficient windows, new flooring, and paint throughout, revitalized landscaping, remotely controllable keypads on every door, smart thermostats and hardware, security cameras, new mattresses and linens, and new artwork, decorations and flat screen TVs in each room. The property sees consistent bookings not only in peak lake season, but also through the spring and fall with baseball tournaments at Rocker B Ranch and fishing tournaments at the lake. The property has also seen regular occupancy throughout the year with construction contractors from DFW that are doing work in the area that has seen a surge in residential construction and road projects.
Location
State TX
County Palo Pinto
Zoning None
Direction see Google Maps
Interior
Heating Central, Electric, Zoned
Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned
Flooring Carpet
Heat Source Central, Electric, Zoned
Exterior
Utilities Available Aerobic Septic, Asphalt, Co-op Electric, Master Water Meter, Outside City Limits, Overhead Utilities, Phone Available, Rural Water District, Underground Utilities, Unincorporated
Roof Type Composition
Garage No
Building
Foundation Slab
Structure Type Fiber Cement,Stone Veneer,Stucco
Others
Ownership see tax
Financing Cash,Other
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Bought with Tony Klapper • Coldwell Banker Realty
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