Graford, TX 76449,1762 Park Road 36

$1,549,000

Est. payment /mo
Est.Price: ?

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1762 Park Road 36 Graford, TX 76449

2.85 Acres Lot

SOLD DATE : 10/02/2023

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Subdivision Pk Lake

MLS Listing ID 20314313

Sold Date 10/02/23

Total Fin. Sqft 8899

Year Built 2003

Lot Size 2.850 Acres

Acres 2.85

Property Description

The Motorboat Inn ™ has recently completed approximately $600k of extensive improvements. Located in an active boating area with nearby restaurants, hiking trails, and other attractions. New custom-built website, Google My Business listing, social media presence and internet booking software. Brand new HVAC units for each room, new energy efficient windows, new flooring, and paint throughout, revitalized landscaping, remotely controllable keypads on every door, smart thermostats and hardware, security cameras, new mattresses and linens, and new artwork, decorations and flat screen TVs in each room. The property sees consistent bookings not only in peak lake season, but also through the spring and fall with baseball tournaments at Rocker B Ranch and fishing tournaments at the lake. The property has also seen regular occupancy throughout the year with construction contractors from DFW that are doing work in the area that has seen a surge in residential construction and road projects.

Location

State TX

County Palo Pinto

Zoning None

Direction see Google Maps

Interior

Heating Central, Electric, Zoned

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned

Flooring Carpet

Heat Source Central, Electric, Zoned

Exterior

Utilities Available Aerobic Septic, Asphalt, Co-op Electric, Master Water Meter, Outside City Limits, Overhead Utilities, Phone Available, Rural Water District, Underground Utilities, Unincorporated

Roof Type Composition

Garage No

Building

Foundation Slab

Structure Type Fiber Cement,Stone Veneer,Stucco

Others

Ownership see tax

Financing Cash,Other

Read Less

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Chase Traughber • Axis Realty Group
Bought with Tony Klapper • Coldwell Banker Realty

Marlene Treviño

Global Luxury Real Estate Advisor | License ID: 0696610

+1(817) 233-3232

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