Mustang Resort
Business for Sale
Marketing description
JTACR Real Estate Group is pleased to exclusively present Mustang RV Resort & Boat Storage: a 220-unit (150 pads, 60 enclosed boat storage stalls, and 10 hotel rooms) resort community on one of the western side peninsulas of Lake Fork.
With 133 of the sites sitting on the lakefront, this resort offers its customers not only a highly desirable location, but also a scenic, safe, and community-centric site for their lake visits.
Current ownership operates this resort in a very hands-on manner, and the result is a beautifully maintained, one-of-a-kind community. Operations have meticulous detail to customer interactions, up selling to community needs, and thorough maintenance and improvements to the infrastructure of the community. The community has two full time staff, one of which would be open to staying on for a short period.
Mustang Resort is a preferred location for international bass fisherman travelers due to the ideal location, convenient boat ramps, store offerings, parking solutions, and short term stay options.
Additional amenities that are offered to customers include various RV site options, park model rentals, hotel room options, Wi-Fi throughout, boat ramps, deck construction options, lawn care, a store, tackle & bait sales, boat storage, and much more.
This opportunity presents investors with a Rare opportunity to own a lake front business and leaves vast amounts of opportunities for value add in expansion options and operational improvements.
Courtesy Reminders -
** All property visits need to be coordinated via an agent. **
** Please do NOT visit the property without an appointment.**
** Please do NOT contact the property directly.**
Investment highlights
Opportunity to transition operations from a mom & pop booking system into a software
Opportunity to utilize Airbnb, VRBO, etc for bookings on the hotel, tiny homes, park models
Annual Leases on all long term RVs
Annual rent collections are completed at the BEGINNING of the year prepaid by the renter
Current owners occupy 3 storage units and one of the park owned homes
Storage is 100% occupied with a waitlist - in process of updating the units for additional revenue / mo.
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