8900 Ruby Lane, Frankston, TX
Resort for Sale - $2,400,000 - 2,000 Sq. Ft. on 9.73 acres
Property Info
CIMLS# | 1062811 |
Location 8900 Ruby Lane Frankston TX 75763 | |
Updated | January 27th, 2020 |
Type | Resort |
Price | $2,400,000 |
Building | 2,000 Sq. Ft. |
Land | 9.73 acres |
Property Description
Lake Palestine RV Resort with Camping, Boat Marina, Cabins, Restaurant, Boat Launch, Banquet Hall, Store, Live Bait, Fuel, LP Gas and more. All right on Beautiful Lake Palestine, busy HWY 155 and just a 15 minute drive to the heart of Tyler. Includes 60 RV sites, 25 Lodging units, 80 Covered Boat Slips, 21 open Boat Slips, plus 90% of all Fishing Tournaments are held right here. This place is capable of making over $1,000,000 annually in sales. Owners want to retire and are ready to SELL! Lake Palestine is over 17 miles long andhas some of the best fishing in all of East Texas. It has a constant river running thru it and is regulated by a spillway and not a dam sothe water lever stay pretty constant throughout the year. If you ever thought of owning an RV Park, now's your chance along with a full Marina. Don't miss out on this property as it's one of the only two places on the lake that offers a Full Marina and Camping combined,plus this one is located right on HWY 155 and has over 13,000 cars pass by it daily. Also visit their website at Lake Palestine Resort Call me to set up a viewing of the property, to get additional photos or request financials.
Financials
Contact Agent- Ray: 903-343-6629