MLS # 20283484, Listed by Nicholas Aldi with Keller Williams Realty | 817-726-7810 | Active
106 County Road 1807 is a $1,700,000, 7,892 square foot home on a 1.53 acre lot located in Clifton, TX.
Little Rocky Lodge located in Lake Whitney, Texas, is a lakefront oasis that is the perfect getaway for families and friends. The Lodge offers cozy and comfortable accommodations, private access to the lake, fully equipped and modern kitchens, childrens' playground, and a variety of outdoor activities including fishing, swimming, boating, kayaking and more. The lodge itself is a charmingly appointed wooden structure with large decks overlooking the waterfront. Acreage does not include Army Core of Engineers lease that extends the property to the lake. The multi-year lease permits the Lodge guest s exclusive private access to the lake, use of the boat ramp and boat slips. Current vacancy is 75%. Models have indicated that by moving the vacancy rate to 50%, the new owner can achieve a material increase to the current cap rate.
| Above Grade Sqft | 7,892 |
| Cooling Types | Electric |
| Heating Types | Electric |
| Parking Types | Aggregate |
| Exterior Features | Water/Lake View Waterfront Many Trees Sloped All Utilities County Road Security System Owned Security Gate Smoke Detector(s) All Utilities City Water Electricity Available Electricity Connected Private Road Propane Septic |
| Roof | Composition |
| Construction Types | Brick Other Combination Slab |
| Land Type | No |
| Property Type | Commercial Sale |
| Property Sub Type | Hotel/Motel |
| Style | Hotel/Motel Hotel/Motel |
| Year Built | 1996 |
| HOA Fee | $0.00 |
| County | bosque |
| Neighborhood | Ridgewood |
| Financial Terms | 1031 Exchange Cash Conventional VA Loan |
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