Luxury Lifestyle "Lake Resort Residtl" Healthcare Retrofit w/240 Beds)

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Business Description

This beautiful "4 Star Luxury Lake Resort" is a very unique property located in a "entire lifestyle community". This can easily be "RETROFITTED" for Healthcare i.e..Behavioral Healthcare, Active Senior Living/Assisted Care Living Center, etc...Residential Living
Built surrounded by a beautiful large public lake with gently rolling hills and lush landscape, it is the perfect getaway for a relaxing but activity galore options. It is built on a 10 acre campus with over 200,000 SF of space. Located in an unincorporated part of the county, the building restrictions are generally less stringent than a city municipality. It has all the bells and whistles. It is operating as a profitable business concern.

It is located about an hour drive from a major international airport.

This Resort has all of the bells and whistles! With 126 recently completely renovated guest rooms with beautiful lake views! Private Airstrip! There is a beautiful 200 acre signature 18 Hole "Golf Course" within minutes away. It has 3 swimming pools, hiking trails, basketball courts, horseback, health spa, workout facility, game room, 13,000 SF of conference space, meeting rooms, and much more. Activities galore!

Located in the community is a signature " 18 hole golf course" and horse back riding and stables within 3 minutes of the main resort.

* This is a Principal to Principal Sale! No Seller Fees! No Real Estate Brokers/Agents!

About the Business

Location:
Texas
Year Established:
1979
Real Estate:
Owned
Building Sq. Ft.:
150,000
Facilities:
Facilities are well maintained. Beautifully manicured landscape. This resort is surrounded by rolling hills and lush landscape on a lake setting with beautiful vistas!
Market Outlook/
Competition:
Great market with "niche" presence!
Growth & Expansion:
Unlimited potential for growth! This is a "unique" property in an amazing "picturesque" setting.
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About the Sale

Reason For Selling:
Owner "retiring" after 24 years of ownership!

Listing Info

ID:
1497786
Ad Detail Views:
1031
Asking Price:
$19,000,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$30,000,000
included in asking price

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Business Listed by

Steven Denn

The Steven H. Denn Company

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