8900 Ruby Lane, Frankston

$2,400,000

0 Beds
0 Baths
9.73 Acres
0 Garages

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. Owner has an appraisal from 2016 showing a $3.5 M value. Owner wants to retire and is ready to SELL! Lake Palestine is over 17 miles long and has 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 so the 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.

Essential Information
MLS® #10115931
Price$2,400,000
Acres9.73
TypeCOMMERCIAL BUILDING/LAND
Sub-TypeBuilding
StyleRecreational
StatusOption Pending
Community Information
Address8900 Ruby Lane
CityFrankston
CountyHenderson
StateTX
Zip Code75763
Amenities
Is WaterfrontYes
Cooling

Central Electric, Window Unit(s)

Exterior
Lot DescriptionIrregular
Construction

Wood/ Frame, Alum/Vinyl Siding, Siding, Shingles, Metal, Cedar, Modular, Wood Based Siding

Additional Information
ZoningOther/See Remarks
ForeclosureYes
Listing Details
AgentRay Verhey
Office

United Country Staples Property Group

Property History
Status Changed from Active to Option Pending
LISTING MAP

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