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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 | Building Size | 9,350 SF |
| Property Subtype | Bed and Breakfast | Number of Floors | 1 |
| Building Class | C | Year Built/Renovated | 1999/2017 |
| Lot Size | 4.11 AC | Corridor | Exterior |
| 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
| Parcel Number | R000061081 | Improvements Assessment | £624,404 |
| Land Assessment | £462,875 | Total Assessment | £1,087,279 |
PROPERTY TAXES
