• Price$1,950,000
  • Acres2.12

507 Cr 1550, Alba

Looking for an extraordinary business opportunity? Established and operated by the same family over this time, Mustang Resort has established itself as the frequent preference for weekend visitors, long-term customers & Fishing Pros alike. Mustang Resort benefits from multiple revenue streams such as: 120 RV-Park Model sites each with its own electric meter (100% leased), 60 boat storage units (12 x 25, 100% leased), 10-room Motel (with many recent upgrades), Bait shop, gas pump & public fee-based boat launch. Great amenities, custom-built owners’ home, 1500 SF on-site office and store with bait & sundries, 2 boat ramps, future development areas & increasing revenue possibilities.

Essential Information

  • MLS® #14051940
  • Price$1,950,000
  • Bathrooms0.00
  • Acres2.12
  • TypeCommercial
  • Sub-TypeSale
  • StatusActive Option Contract

Amenities

  • UtilitiesAerobic Septic, Co-op Water, Outside City Limits, Other
  • FeaturesOther
  • GaragesOther
  • Is WaterfrontYes
  • WaterfrontLake Front

Exterior

  • RoofOther Roof
  • ConstructionBrick, Other, Rock/ Stone, Metal
  • FoundationSlab

Listing Details

  • Listing Agent:Paul Tibbets
  • Listing Office:Signature Properties, Llc

Community Information

  • Address507 Cr 1550
  • AreaWOOD COUNTY (74)
  • SubdivisionNone
  • CityAlba
  • CountyWood
  • StateTX
  • Zip Code75410

Interior

  • HeatingCentral Air-Elec, Central Heat-Elec
  • # of Stories1
  • Stories1

Additional Information

  • ZoningComm
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Listing information last updated on September 16th, 2019 at 7:00am CDT.