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South Padre Resort Development & Adventure Park
This South Padre Island 39 acres with prime waterfront location offers stunning views and direct access to South Padre Island Beach on the East side of the property and the inter coastal on the West side, making it a sought-after destination for vacationers, fishing enthusiasts, and boaters. The property has been operating on the Northend of the Island as an Adventure Park for many years offering customer strong seasonal and year-round activities that include horseback riding, petting zoo, ziplining, and beach front water sports which generates over $2,186,000 in annual revenue.
The property comes with approved zoning for industrial, commercial, and residential development, presenting significant expansion opportunities including a beachfront restaurant, 250 Plus room resort hotel, water front homes, and retail facilities.
The owner is retiring and is willing to offer seller financing.
Listed By: Donnie Adams
Background information
Reference:
82525
Year established:
1989
Reason selling:
Retirement
Finance
Sales:
Undisclosed
Operations
Employees:
11
Inventory:
Inventory includes horses, beverages, snacks, and gift shop items.
Premises
Facility:
The facilities include a reception building, horse stables, petting zoo, and ziplining towers as well as breach front services.
Square footage:
39 Arces
Rent and lease terms:
Property for Sale
Location:
South Padre Island
Opportunities
Growth:
39 acres of land come with approved zoning for industrial, commercial, and residential real estate development.
Price and terms
Price:
$19,500,000
Down payment:
$9,750,000
Financing:
Selling Financing is available.