1191 County Road 316, Rainbow, TX 76077

Sports & Entertainment Building Offered at $1,495,000 at a 4.99% Cap Rate in Rainbow, TX 76077

Date Added:
September 16, 2024
Days on Market:
17 days

Asking Price $1,495,000

Property Type
Sports & Entertainment

Listing Contacts

Billi Davis
  • Property Info

Property Overview

11 total RV sites=
- 8-full hook-up RV sites (30/50/110 amp)
- One RV site: full hookup, 30amp
- One RV site: no water/sewer, 110amp
- One attached drive-thru bay RV site: full hookup with 30/50amp, lots of storage
- New Construction open-concept apartment with 1 bed/1 bath, full kitchen, living room, d/w, w/d, covered front porch, side patio w/concrete deck and outdoor shower
- A 16x24 utility shed (future laundry facility)
- Two restrooms: each has a toilet and a shower
- Two outdoor showers
- A guard shack (with w/d hookups)
- Gated entry, fully-fenced property, key fob access and wifi security cameras
- General Store sells food, merchandise, ice and is the only bait shop in the area
-This property has approximately 900 feet of highway visibility and 300 feet of riverfront
Potential for beer and alcohol sales
Sales price includes:
One 22-passenger bus, a 14-passenger bus, four additional equipment trailers, a golf cart, 30 kayaks, 50 brand new paddles, 18 canoes, 150 tubes and cooler tubes, life jackets, a generator and an air compressor, 750# per day ice machine maker and freezer, all general store/retail merchandise
- Seller will assist in transitioning to new ownership
- Seller financing offered
- City Water
- Three septic tanks
- All electric, gas lines have been ran to the property with a tank set.
- Gravel roads

Property Details

Class
C
Year Built
2016
Stories
1
Lot Size (sq. ft)
123,710 SF

Highlights

  • Seller Financing Available

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].