$850,000
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8,899 SqFt
SOLD DATE : 05/26/2022
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,899 sqft
Price per Sqft $95
Subdivision Peninsula
MLS Listing ID 14765817
Sold Date 05/26/22
HOA Y/N None
Total Fin. Sqft 8899
Year Built 2003
Annual Tax Amount $7,284
Lot Size 2.850 Acres
Acres 2.85
Property Description
In the heart of the most popular area of Possum Kingdom Lake is a modern 22-unit motel with additional room for multifamily expansion on hill above and large septic system in place. Guests enjoy wonderful lake views from every unit with covered patios. Walking distance to public dock, boat ramps and popular restaurants and marina. Each spacious unit is equipped with full kitchen, entertainment bar and private bathroom.
Location
State TX
County Palo Pinto
Direction From 4 way stop in Graford. Head south on TX-254 W toward TX-254 W 7.2 mi. Slight left onto TX-16 S 2.0 mi. Turn right onto Park Rd 36, Destination will be on the left 4.5 mi
Interior
Interior Features Built-in Features, Dry Bar, Open Floorplan
Heating Electric
Cooling Electric
Flooring Carpet
Appliance Electric Cooktop, Electric Oven, Refrigerator, Other
Heat Source Electric
Exterior
Exterior Feature Covered Patio/Porch
Fence None
Utilities Available Asphalt, Co-op Electric, Co-op Water, Outside City Limits
Waterfront Description Lake Front - Common Area
Roof Type Composition
Total Parking Spaces 32
Garage No
Building
Lot Description Adjacent to Greenbelt, Corner Lot, Few Trees, Lrg. Backyard Grass, Water/Lake View
Story One
Foundation Slab
Structure Type Rock/Stone,Stucco
Schools
Elementary Schools Graford
Middle Schools Graford
High Schools Graford
School District Graford Isd
Others
Ownership Lecomte
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo
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Bought with Bo Bennett • The Brokerage Residential LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "