8880 FM 729
Property Description
Welcome to Cabins by the Lake! With a new significantly reduced price that reflects the repairs needed, this investment opportunity is priced to sell. Sellers are highly motivated and ready to make a deal - bring your offers! This rare income-producing retreat near Lake O' the Pines sits on 3.84 acres and offers exceptional flexibility for investors or families seeking a private escape. The main home features 2 bedrooms and 2 baths, blending rustic charm with modern comfort. Surrounding the home are six 1-bedroom, 1-bath cabins, two of which have been recently updated with new flooring, paint, and modern finishes. All cabins are currently leased long-term, providing immediate cash flow, while also offering strong potential for short-term rentals or Airbnb. With ample room to expand, the property could accommodate additional cabins, RV hookups, or outdoor recreational amenities to further increase income. Additional features include three storage buildings and an existing RV hookup. Whether you're envisioning a family compound, lakeside getaway, or a multi-stream investment property, this opportunity delivers versatility and value. Sellers are highly motivated and have priced this property to move. Located just minutes from Lake O' the Pines - schedule your private showing today and explore the possibilities at Cabins by the Lake.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $389,000 |
| No. of Units: | 7 |
| Year Built: | 1980 |
| Opportunity Zone: | No |
| Price per unit: | $55,571 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-LAARTX-20257094
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