For Sale
$6,800,000

13947 Reel Ln Madill, OK 73446

Profitable Marina & RV Park on Lake Texoma

Overview

Added:
Dec 11, 2024
Days on market:
132
Bridgeview Marina and Resort, a thriving mixed-use property located in Madill, Oklahoma, on the shores of Lake Texoma, presents a unique investment opportunity. This 323.33-acre property boasts a 95% occupancy rate and includes 149 units, comprising a marina with 33 existing slips (with approved expansion rights for an additional 84 slips, totaling 117), 116 RV spots, and a 40-unit storage facility currently operating at 100% occupancy. The resort features a casual dining restaurant with indoor and outdoor seating overlooking the lake, a convenience store offering a full range of retail items, boat ramps, a gas dock, and covered slips. Amenities for guests include cabins, numerous campsites, a gazebo, a playground, and public facilities with showers. The property's prime location offers stunning sunrise and sunset views, attracting both boaters and RV enthusiasts. The existing infrastructure, combined with the approved expansion plans, presents significant potential for increased revenue and return on investment. The asking price for this value-add Class B property is $6,800,000. The property's 2,000 square feet of existing building space complements the expansive acreage and diverse offerings. The significant land holdings also allow for future expansion of both the RV park and marina facilities. This turnkey operation is ready for a new owner to capitalize on its established success and considerable growth potential.

Highlights

  • Approved for 84 additional marina slips.
  • Currently features 33 marina slips and 116 RV sites.

Property Details for 13947 Reel Ln

Property type
Specialty properties, Marinas
Square Feet
2,000 SF
Class
B
Lot Size (sq. ft)
14,084,255 SF
Units
149

Location Insight

City
Madill
County
Marshall
State
Oklahoma
Latitude
34.0265218
Longitude
-96.6288401

FAQs

What type of property is this?
Specialty property - Profitable Marina & RV Park on Lake Texoma
Where is the specialty property located?
The property is located at 13947 Reel Ln Madill, OK.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Approved for 84 additional marina slips.; Currently features 33 marina slips and 116 RV sites.;
How can I contact the broker?
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13947 Reel Ln
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