106 County Road 1807

Clifton, TX 76634
$1,549,000
7892 sqft | 1.53 acres | #20283484
For Sale

Description

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.

  • Property Details
      • Stories:2
      • Lot description:Many Trees, Sloped, Water/Lake View, Waterfront
      • Acres:1.5290
      • Square Feet:7892.00
      • Property type:Purchase
      • Year built:1996
      • Foundation:Slab
      • Utility features:City Water, Electricity Available, Electricity Connected, Private Road, Propane, Septic
      • Subdivision:Ridgewood
      • County:Bosque
      • MLS #:20283484
      • Cost:1549000
      • Property subtype:Hotel/Motel
      • MLS #:20283484

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Nicholas Aldi
Listing Office: Keller Williams Realty

Phil HillReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright