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290 Tanglewood Cir
Pottsboro, TX 75076
Tanglewood Resort, Ascend Hotel Collection · Hospitality Property For Sale · 226 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 226 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1959/2011 |
| Lot Size | 10.54 AC | Parking Ratio | 0.9/1,000 SF |
| Building Size | 250,000 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 10.54 AC |
| Building Size | 250,000 SF |
| No. Rooms | 226 |
| No. Stories | 4 |
| Year Built/Renovated | 1959/2011 |
| Parking Ratio | 0.9/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- Golf Course
- On-Site Bar
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Multi-Room Suites
About 290 Tanglewood Cir , Pottsboro, TX 75076
-Opportunity to acquire all components consisting of 126 room main hotel and 12,000 SF conference center, 4 building vacation villas, 18 hole golf course (±150 acres) ±500 additional acres of developable land with a total of ±250k SF of in-place improvements. -Option to acquire just the hotel/conference center and the vacation villas. The 52 vacation villas offer additional hotel capacity to provide up to 226 guest rooms during any demand periods. -Located just one hour north of Dallas at Lake Texoma providing a highly desired “drive to” destination -Take advantage of the growth of the DFW Metroplex residential and corporate markets and especially the dramatic growth of the suburbs north of Dallas -Fee simple and acquisition significantly below replacement cost -Significant upside under a variety of enhancement, repositioning or development scenarios for the short, mid and long term to meet given investment objectives -Unencumbered by brand affiliation or management
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $13,645,170 | |
| Land Assessment | $1,124,511 | Total Assessment | $14,769,681 |
PROPERTY TAXES
zoning
| Zoning Code | GB (General Business) |
| GB (General Business) |
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