8767 Tx-34 Quinlan, TX 75474
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.