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Jeni Gannelli

jeni@purerealty.com +1(972) 415-3396

$650,000

Est. payment - /mo

3,948 SqFt

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,948 sqft

Subdivision Na

MLS Listing ID 21407003

Total Fin. Sqft 3948

Year Built 1991

Lot Size 0.895 Acres

Acres 0.895

Property Sub-Type Hotel/Motel

Property Description

Welcome to Reel Inn & Lodge, a well-established Lake Fork-area lodging property offering a rare combination of location, income potential and lifestyle appeal. Conveniently located near Lake Fork, popular marinas, restaurants and some of East Texas' best fishing, this unique property is ready for its next owner to continue its success and unlock even more potential. The lodge features 8 fully updated guest rooms with a fresh boutique feel, Roku TVs with streaming capabilities, Wi-Fi and newer nostalgic-style appliances. Thoughtful updates and attention to detail create a comfortable, inviting experience for guests. The spacious owner's suite offers an exciting opportunity to expand the business and could potentially be converted into 2 or 3 additional guest rooms. A detached 2-bedroom, 1-bath home provides even more flexibility and could serve as an owner's residence, manager's quarters or additional rental. The property also includes 4 RV spots, a detached 2-car garage, storage shed, covered entertaining area and a large open deck, along with ample parking for trucks, boats and RVs. Designed with the Lake Fork lifestyle in mind, Reel Inn & Lodge is an ideal destination for anglers, families, fishing groups, weekend travelers, work groups and retreats. Guests enjoy easy access to Lake Fork and Lake Quitman, local restaurants, coffee shops, shopping, Canton Trade Days and nearby East Texas communities. Whether you're looking for an established hospitality business, an investment property with expansion potential or a place to create your own Lake Fork destination, Reel Inn & Lodge offers multiple possibilities. With updated accommodations, additional residential space, RV facilities and room to grow, this is an opportunity to own and build upon an established lodging operation in one of East Texas' most desirable recreational areas.

Location

State TX

County Wood

Zoning NA

Direction From downtown Quitman travel North on HWY 154 towards Sulphur Springs. Reel Inn & Lodge will be on your right before you get to Lake Fork.

Interior

Heating Central, Electric, Other

Cooling Ceiling Fan(s), Central Air, Electric, Wall Unit(s)

Flooring Laminate, Linoleum, Luxury Vinyl Plank

Heat Source Central, Electric, Other

Exterior

Utilities Available Co-op Electric, Electricity Connected, Outside City Limits, Rural Water District, Other

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Brick,Siding

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21407003

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Kristine Samples • Lone Star Realty - Lake Fork

NEARBY SCHOOL & BUSINESS

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Jeni Gannelli

+1(972) 415-3396

Agent License ID: 809868

2784 W Highway 154 Quitman, TX 75783

Jeni Gannelli

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION