The Cove

4200 Skeet Eason,
Waco, TX 76712

 

$2,500,000
Offering Price
2,395,800
Land SF (+/-)
$1
Price Per SF
1
# of parcels
55
Land Acres
Marina
Zoning Type
$2,500,000
Offering Price
2,395,800
Land SF (+/-)
$1
Price Per SF
1
# of parcels
55
Land Acres
Marina
Zoning Type

Marina

  • Prime Investment Opportunity at The Cove! This expansive property, located at 4200 Skeet Eason, boasts a marina with 34 wet slips and a spacious ramp on Lake Waco. Imagine the potential of reviving this marina to its former glory, with over 100 slips, a restaurant, a fuel dock, and even an RV park! The possibilities are endless as you tap into the allotted 250 slips (to be verified) and bring back the thriving fuel and dining services. Don't miss out on this remarkable ROI opportunity!

RV Park

  • Incredible Investment Opportunity: Discover a hidden gem on this expansive 20-acre flat land, perfect for developing your dream RV park. With all utilities conveniently located within the property, you can save big on development costs compared to other parks in the county.
  • Unparalleled Amenities: Picture yourself enjoying breathtaking lake views from the existing 4000 sqft concrete pad, while your guests explore the numerous hiking trails surrounding the property. The potential for creating unique and affordable amenities is limitless. Don't miss out on this ROI-rich opportunity!

Short Term Rental Cabins

  • Incredible Investment Opportunity: Discover the hidden gem of 4200 Skeet Eason, boasting 7 acres of lush woodlands perfect for transforming into a lucrative cabin retreat. With existing water and electricity infrastructure, the only cost-saving step left is connecting the sewer line to the lift station. Imagine the potential - short-term rentals in the area command up to $600/night, and with Waco's impressive 65% occupancy rate, conservatively pricing your cabins at $275/night guarantees a constant stream of bookings and maximum revenue! Don't miss out on this ROI powerhouse!

Amentities

  • Prime Location with Endless Potential: The Cove at 4200 Skeet Eason is set to become the hottest investment opportunity in Waco! With the city's recent announcement of a trail connecting China Spring to downtown Waco, this property's entrance will directly intersect the path, offering developers an incredible chance to create not just a vacation destination, but a true community asset. Imagine bringing back the legendary floating restaurant, complete with an outdoor stage for unforgettable entertainment that will captivate both guests and the local community alike.
  • Untapped Revenue Streams: The Cove is not just a property, it's a gateway to new revenue opportunities. Currently, there are no boat rentals on Lake Waco, but with this property, you have the power to change that. By adding a fleet of pontoons and pleasure boats, you can attract visitors to the park and even explore the potential of a boat-sharing program, maximizing your revenue potential. Additionally, seize the opportunity to fill the gap in the market by providing a ship store that offers convenience store items and fuel. This will not only keep people on the lake longer, but also boost your revenue in both the store and the restaurant.
  • Community Engagement and Growth: Investing in The Cove means investing in the local community. By reviving the floating restaurant and hosting exciting events on the outdoor stage, you'll create a vibrant hub that not only entertains guests but also involves the community. Imagine the buzz and excitement as residents gather to enjoy live performances and delicious food. Furthermore, with the addition of a boat-sharing program and a convenient ship store, you'll enhance the overall lake experience, attracting more visitors and contributing to the economic growth of the area. Don't miss out on this opportunity to make a lasting impact on both your ROI and the community around you.

Location! Location! Location!

  • The Cove is perfectly situated just a few miles northwest of Waco, TX, one of the hottest vacation spots in Texas. Waco is home to Magnolia, The National Mammoth Museum, Dr. Pepper Museum, Baylor, and Homestead Heritage. It is also the midway point between DFW, Austin, and College Station, giving it the perfect place for a staycation!
FOR MORE DETAILS CONTACT
Peter Meyer
President
(713) 320-9651
peter@gcbrokerage.com
9001219
David du Menil
Director - Texas
(254) 242-8129
David@TheIntrepidGroup.com
761631 - B