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3150 Palo Gaucho Xing
Hemphill, TX 75948

Harborlight Marina & Resort · Hospitality Property For Sale · 9,350 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 4.11 AC
Building Size 9,350 SF
Number of Floors 1
Year Built/Renovated 1999/2017
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Patio
  • Marina
  • Public Access Wi-Fi
  • Fully-Equipped Kitchen

About 3150 Palo Gaucho Xing , Hemphill, TX 75948

Harborlight Marina and Resort is a beautiful property that is surrounded by Toledo Bend Lake Which was nationally recognized as the number #1 Bass lake in 2015 & 2106 by Bass master Magazine. This diverse property offers Waterfront Cabins, Motel Rooms , RV Sites , Convenience Store, covered boat stalls and private boat ramp.  Harborlight is centrally located on the Texas side of Toledo Bend lake which is the largest man-made lake in the Southern United States (185,000 acres) with the best fishing in Texas and Louisiana and is convenient to many attractions. An 8 unit motel consists of 5 rooms downstairs and 3 suites spacious upstairs. The rental cabin unit makeup consists of 2 cabins with loft space, 3 cabins with double queens, 2 one bedroom cabins and one large deluxe cabin. Also included is an on site is an owners cabin that is potential rental income and a separate office for day to day affairs. 25 R.V. spots and a covered boat dock with boat slips add to the rental income. There is a newly renovated clubhouse perfect for family reunions or parties, a café with a full commercial kitchen and a convenience store. The Marina actually owns it own sewer plant and gains from revenue from that as well. This is a thriving business with a very long list of good clientele and a well managed business with no outstanding deferred maintenance and an opportunity for some additional upside potential growth in rents.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000061081
Land Assessment
£462,875
Improvements Assessment
£624,404
Total Assessment
£1,087,279
  • Listing ID: 9571427

  • Date on Market: 13/10/2017

  • Last Updated:

  • Address: 3150 Palo Gaucho Xing, Hemphill, TX 75948

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