Listing Number: 96847-364793
Description
This Property sits on 2.6 acres and has multiple B&B experiences for any size group looking to get out of the city for an inexpensive vacation, getaway, or group events such as weddings, reunions, and corporate retreats. The main house is a gorgeous approximately 5000 sq/ft two-story colonial style home with 9Bedrooms/9Bathrooms with tons of privacy and an upstairs deck. It has a full kitchen with several meal plan options for the guests.
Three tiny houses ranging from approximately 450 to 500 sq/ft are perfect for couples who want even more privacy away from the main house. Another option is the approximately 1200 sq/ft A-Frame house that is great for bigger families or groups who want to share one space. For groups who like to entertain, there is a barndo-minium style facility with an upstairs approximately 2,500 sq/ft space with 3 bedrooms/3 bathrooms and a downstairs space for music and dancing. There is a beautiful swimming pool with plenty of places to hang out day or night. There is an adjacent piece of property that is well-suited for RV’s. Hook-up sites could be added for additional income.
This complex could be converted into a board and care assisted living or adult day care facility with high demand from our aging population. This is a perfect opportunity for a couple, Non-profit or business owner who wants to move out of DFW and acquire a large piece of property as a long-term investment. A portion of the rental income can offset the current Bed and Breakfast mortgage, or a Board and Care conversion could become a cash-flowing enterprise. The sellers are open to financing a portion of the transaction to the right buyer.
Asset Information
Listing Details
- Price: $ 2,438,712
- Down Payment: --
- Sellers Discretionary Earnings: $ 71,711
- Total Sales: $ 189,667
- Location: Van Zandt County, Texas
- Inventory: $ 0
- FF&E: $ 100,000
- Employees: 2
- Reason for Selling: Retirement
- Category: Real Estate Related
