Lake Fork

Because Life is Better at the Lake

Extraordinary Business Opportunity- Lake Fork!!

$1,950,000


Address
507 CR 1550
Alba, Texas 75410

Property
Commercial

MLS ID: 10106214

Lot
Water View,  Water Front

Contact
Linda Burns
Signature Properties, LLC
903-316-4231

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Looking for an extraordinary business opportunity? Well...for the first time in over 32 years one of the top marinas on world famous Lake Fork is ready for new ownership! Established and operated by the same family over this time, Mustang Resort has established itself as the frequent preference for weekend visitors, long-term customers and fishing Pros alike. With great attention to detail, the owners have built and maintained all aspects of this marina to a consistently high quality in both workmanship and service. Mustang Resort benefits from multiple revenue streams such as: 120 RV-Park Model sites each with its own electric meter (100% leased), 60 boat storage units (12 x 25, 100% leased), 10-room Motel (with many recent upgrades), Bait shop, gas pump, and public fee-based boat launch. Mustang Resort is unsurpassed as a top marina on Lake Fork with great amenities, custom-built owners' home, 1500 SF on-site office and store with bait and sundries, 2 boat ramps, future development areas, and increasing revenue possibilities...Call for an appointment today!

A confidentiality agreement must be signed and received...along with some background information and financial qualifications prior to any financial information being sent.

**Do NOT drive thru park
**No owner financing

You can click on the map to open Google Maps in a new tab for directions and more.

Best Western - Emory TX Lake Fork

Lake Fork Email Updates


 

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Customer Feedback

"We recently listed with your website and I am amazed at the number of inquiries we have already had. Thank you very much for helping us get our name out there." Jeff K.

"We've had a rental listing for 1 year and almost 100% of our rentals have come through your site." Susan G.

"We've had tons of emails and rentals pending from the site. Keep up the good work." Jim C

"We've received at least 10 emails already from your site so I wanted to say thank you!" Brandie S.

"Our lake house sold! Thanks for the opportunity to post our home on your web site." Brenda R.


Lake Fork Current Weather Alerts

There are no active watches, warnings or advisories.

 

Lake Fork Weather Forecast

Saturday

Mostly Sunny

Hi: 85

Saturday Night

Patchy Fog

Lo: 59

Sunday

Slight Chance Thunderstorms

Hi: 88

Sunday Night

Thunderstorms Likely

Lo: 62

Monday

Chance Thunderstorms

Hi: 73

Monday Night

Clear

Lo: 49

Tuesday

Sunny

Hi: 72

Tuesday Night

Clear

Lo: 48


Lake Fork Water Level (last 30 days)


Water Level on 10/20: 401.06 (-1.94)



Lake Fork Fishing Report from TPWD (Oct. 17)

GOOD. Water stained; 77–82 degrees; 1.85’ low. Fall bass fishing is in full swing. Largemouth bass are fair on plastic worms, Alabama rigs, spinnerbaits, and topwaters. Lunker fisherman continue to work around 10–15 feet of depth. White and yellow bass are good on Alabama rigs. Crappie are fair on jigs and minnows in the stumps or man–made structures. Catfish are good on prepared bait and cut bait especially in the evenings.