Owner Finance-Texas Event & Conference Center
Recently REDUCED BY $300 K! Asking price: $3.399 MM!
BEST Kept Secret in North Texas! Can be utilized for hospitality, wedding venue, church ministries and other special use types! THIS IS A AMAZING STARTUP FACILITY.
This "Conference Facility" is located about 40 minutes from DFW Airport. The 8 acre campus is beautiful with an outdoor "country club" setting!
This is a great venue similar to a dude ranch but with more "character". In the past, prior to ceasing operations, this venue was used for corporate conventions, church events, wedding events and much more. It is a very peaceful get away from the fast paced life in the city! There is a large commercial kitchen in the 12,000 SF facility (that can be divided into two separate large rooms). It has a large meeting/dining hall which can accommodate up to 394 guests at one time.
There is also a ranch house with 2,500 SF of living quarters with 4 bedrooms, 3 baths, and nice kitchen with two open living areas.
**The Conference & Event Venue has approximately 25,000 square feet of construction.
Consisting of 2 buildings -one is 12,000 SF (sprinkled) and the other is 8,000 SF were built in 2013. This campus is approximately a little over 8 acres on the property with a separate Office Building (about 2500 SF), plus a nice four bedroom ranch house (about 2500 SF.) on premises.
***There is plenty of room for future development. The Seller has created an architectural development plan (blue print and drawings) for a additional new dorm/sleeping quarters/motel venue for the future use.
*The pad site (and plan) has been stubbed with water, electric, and sewer to the site.
This location is central to Dallas, Fort Worth and Denton and other Texas markets. Over 7 million people in the Dallas/Fort Worth Metroplex. Great location!
*The site is zoned Commercial.
Detailed Information
NO REAL ESTATE BROKERS/AGENTS PLEASE! NO SELLER FEES! PRINCIPAL TO PRINCIPAL! This is a "CASH SALE". Owner Financing available for qualified prospects with 25% down payment!
*All "Buyer Prospects" will be required to demonstrate the financial ability to close on this "all cash sale" by providing a lender's letter, bank letter, or personal financial statement.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price Not Disclosed
Cap Rate Available On Request
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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