8767 Tx-34 Quinlan, TX 75474
- Retirement homes
- 6.00 lot acres
Current Use by Public Records
- Retirement homes
Property Details for 8767 Tx-34
- Lot size
- 6.00 lot acres
- Property type
- Retirement homes
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a thriving, established lakeside business in Quinlan, Texas. Located on 6 acres (ground lease with 10 years remaining), Walnut Cove Marina boasts a diverse revenue stream encompassing a marina store with fuel tanks, 30 rentable dry boat slips, and 9 RV spaces (4 with full hookups, 5 with water/electric). The property includes 8 buildings, notably a 3-bedroom, 2-bathroom mobile home with stunning lake views, and 3 additional rental mobile homes currently leased. Currently operating at 50% occupancy with 6 tenants, this multi-tenant business offers significant upside potential for growth and expansion. The existing infrastructure and established clientele provide a solid foundation for a new owner to build upon. The unique ground lease structure eliminates annual property taxes, offering a significant financial advantage. This turnkey operation has been successfully managed for 42 years, demonstrating its resilience and profitability. The property's park-like setting and tranquil location create a desirable environment for both residents and visitors. This is a rare opportunity to acquire a well-established, income-generating business with substantial growth potential in a highly sought-after lakeside location. The asking price is $499,000. Serious inquiries only, scheduled showings required.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Quinlan
- County
- Hunt
- State
- Texas
- Longitude
- -96.1276
- Latitude
- 32.9091
