13947 Reel LnMadill, OK 73446

Property Details for 13947 Reel Ln

Lot size

323.33 AC

Property size (Sq ft)

2,000 SF

Property type

Specialty properties

Property subtype

Marinas

Description

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.

Location Insight

City

Madill

County

Marshall

State

Oklahoma

Latitude

34.0265

Longitude

-96.6288

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