Undisclosed Address, Texas
Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30535229
Property Subtypes: Entertainment and Leisure
Status: Pending/Contingent
Building Size (RSF): 2,000 SF
Sale Price: $2,400,000
Name of Establishment: Lake Palestine RV Resort
Business Website Address: http://www.lakepalestineresort.com/
Year Business Established: 1984
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Last Updated: 4/8/2020

Overview / Comments

Lake Palestine RV Resort with Camping, Boat Marina, Cabins, Restaurant, Boat Launch, Banquet Hall, Store, Live Bait, Fuel, LP Gasand more. All right on Beautiful Lake Palestine, busy HWY 155 and just a 15 minute drive to the heart of Tyler. Includes 60 RV sites, 25Lodging units, 80 Covered Boat Slips, 21 open Boat Slips, plus 90% of all Fishing Tournaments are held right here. This place is capableof making over $1,000,000 annually in sales. Owners want to retire and are ready to SELL! Lake Palestine is over 17 miles long andhas some of the best fishing in all of East Texas. It has a constant river running thru it and is regulated by a spillway and not a dam sothe water lever stay pretty constant throughout the year. If you ever thought of owning an RV Park, now's your chance along with a fullMarina. Don't miss out on this property as it's one of the only two places on the lake that offers a Full Marina and Camping combined,plus this one is located right on HWY 155 and has over 13,000 cars pass by it daily. Also visit their website at Lake Palestine ResortCall me to set up a viewing of the property, to get additional photos or request financials.

Additional Details

Industry Segment: Other Entertainment and Leisure
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,583 3,043
Median Age: 44.09 40.43
Households: 670 1,228


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Tyler Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.