USATXKarnackLeisure Cove Resort505 Bub Hayner Rd

505 Bub Hayner Rd, Home with 0 bedrooms, 0 bathrooms and null parking in Karnack TX | Image 1

$1,395,000

505 Bub Hayner Rd, Karnack, TX

Real Estate

For Sale

$--,---,---

000

Key Facts
Description
Map

Key Facts

Type Hotel Motel

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $946

Days Active 6

Approx. Age 1994

MLS® Number 21021852

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Caddo Lakefront Apartments Complex, Private Boat Ramp, 4 RV sites and 2 HOMES!! 9 Unit Apartment Style Townhomes and a home, all Located on Caddo Lake! NO HOA! 2 homes, 4 RV pads and fishing pier and priavte boat ramp. Room to add more units. No restrictions and situated on 7.7 acres UNIT 1 : 3-2 rented at $1250 renovated 2024 UNIT 2 : 3-2 rented at $895 renovated 2022 UNIT 3 : 1-1 rented at $650 (manager lives discounted rent)-wants to stay UNIT 4 : 3-2 rented at $1050 renovated 2024 UNIT 5 : 2-1 rented at $895 renovated 2024 UNIT 6 : 2-2 rented at $950 UNIT 7 : 1-1 rented at $700 renovated 2024 UNIT 8 : 2-2 rented at $ 950 renovated 2024 UNIT 9 : 1-1 rented at $720 renovated 2024 HOUSE : 3-2 rented at $800 partly renovated 2024 4 RV sites, currently vacant. Proforma 400 per monthX 4= 1600 per month. 2 homes, 1500 per month and 1800 per month. One of homes went vacant on August 1st, so could be owner occupied and was recently remodeled. TOTAL CURRENT ACTUAL MONTHLY GROSS $10, 360 TOTAL YEARLY GROSS $ 125, 000 Mowing : $3000 Trash : $2800 Insurance( currently none) anticipated 10K per annum Proforma monthly- 13, 760 Proforma annual- 165, 120 Proforma NOI- 136, 000 Perfect for owner operator or investors! Newly Renovated and offering seller financing for qualified buyers! Information enclosed deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own due diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. DO NOT DISTURB, SHOWINGS by appointment only. This is a fully occupied property.Show Description

MLS® Number21021852

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1994

Stories2

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral

A/CCentral Air, Electric

Heating Fuel

Extras

Land & Improvements

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