Reel Inn & Lodge 2784 W State Highway 154 8 Room Hotel Quitman, TX 75783 $1,063,655 CAD ($132,957 CAD/Room) 8.61% Cap Rate

Welcome to Reel Inn & Lodge, an exceptionally maintained, strategic location and high visibility lodge in the heart of the Lake Fork area, near popular marinas and restaurants. Reel Inn & Lodge is a perfect investment for many people. Enjoy the benefits of a turnkey business, a stunning location, and the joy of creating unforgettable experiences for guests. With our knowledgeable on-site manager and our commitment to guest satisfaction, we provide valuable support to ensure your success. Recent updates and ownership: New Owner, Fresh Experiences Reel Inn’s newer ownership brings a fresh perspective and commitment to enhancing guest experiences. 8 fully updated rooms offer a fresh boutique experience with Roku TVs with streaming capabilities, free Wi-Fi keeping guests connected and newer nostalgic appliances make one swoon at the Lodge’s attention to detail. 1 detached home provides long-term rental potential or could yield around $900-$1,100 per home, providing a solid income stream, short-term is estimated well above if marketed to family reunions, yoga retreat groups, or any work group looking to take their employees out for a great weekend getaway. We also have one connected home for the new owner/operator to enjoy or convert into more income. Ample parking spaces are available for trucks, boats, and RV’s, making it convenient for outdoor enthusiasts. Additionally, the location offers proximity to downtown Quitman's restaurants and coffee shops, as well as easy access to nearby towns known for antiquing, shopping, and dining. For those looking to stay in an RV, we have 4 spaces for full hook-ups in the rear of the property. Whether it's world-class bass fishing, exploring nearby attractions like Canton Trade Days or SC Swearingen Park, filling all of your swimming adventures at Lake Quitman, or embarking on culinary adventures in charming small towns, Reel Inn & Lodge ensures guests have a comfortable place to call home at the end of each exciting day.
Connect with Tiffany for documentation or questions- 8 hotel rooms, 4 RV spaces, 2 homes- Some of the major tournaments for potential income in 2024 include but are not limited to: Bassmaster elite Mar 2&3, Crappifest, Techron Mega Bass, Legends of the Lake Fork, Skeeter owners Jun 7 -9, Sealy Outdoors Sept 20-22, Berkley Tournament Oct 19-20.Sewer- Holding tank- cash pumping twice per month. Online booking available and room availability updates are automated so you don't have to guess what site has been updated.Listed on: VRBO, Airbnb, booking.com and Expedia/Hotwire, Priceline, etc.. There are several families who frequently host family reunions, always securing their bookings at the Lodge at least a year in advance. An agreement with Neon Moon ensures that entertainers are consistently booked at the venue. Referrals from multiple fishing guides attest to the Lodge's popularity, with guests recommended to stay here even if they are launching from a nearby motel. Additionally, the Lodge accommodates families visiting the area, as evidenced by guests from the three RV parks nearby who choose to stay here during their visits. Check us out on Facebook: @ReelInnandLodgeLakeFork or Instagram: @ReelInandlodge. Owner Finance Considered