$6,995,900
Active
220 Days Online
0 Beds0 Baths40,270 SQFT
Active

4899 Leroy Parkway Elm Mott, TX 76640

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Welcome to a rare and remarkable opportunity in the heart of Texas. Knoxville Ranch, a highly successful and thriving wedding and event venue just outside Waco, TX, is now available for sale. This iconic property boasts not only the scenic beauty of its 50-acre expanse but also a proven track record of hosting unforgettable weddings and events, making it an exceptional investment opportunity with a substantial return on investment. Key Features: 1. Established Business: Knoxville Ranch has earned a reputation as a premier wedding and event destination. Its established client base and positive reviews ensure a steady stream of bookings, making it a turnkey investment for entrepreneurs seeking a successful business venture. 2. Scenic Beauty: The property's natural beauty, including rolling hills, a tranquil pond, and a rustic barn, has made it a sought-after backdrop for weddings. These picturesque elements add immense value and charm to the venue. 3. Versatile Spaces: With a spacious barn, two indoor banquet spaces, commercial kitchens, outdoor ceremony sites, bridal and groom's quarters, eleven individual guest cabins, worlds of parking, and extensive grounds, Knoxville Ranch offers a versatile canvas for creativity and expansion. Host multiple events simultaneously or diversify the venue's offerings to maximize profitability. 4. Investment Potential: Given its strong financial performance and continued demand for wedding venues, Knoxville Ranch offers a secure and potentially lucrative investment. Benefit from the thriving wedding and events industry with a property that has already established itself as a standout choice. 5. Growth Opportunities: The property's size and adaptability provide room for expansion and diversification. Consider additional revenue streams such as corporate events, private parties, or even a bed-and-breakfast to enhance your return on investment. 6. Professional Staff: The existing experienced team can help ensure a seamless transition for new owners, providing valuable insights and continuity for the business's success. 7. Positive Cash Flow: Knoxville Ranch's proven success in the wedding industry means you can enjoy a positive cash flow from day one, with the potential for substantial revenue growth. 8. Ideal Location: Located just outside Waco, a city known for its growing popularity and attractions, Knoxville Ranch benefits from its proximity to a vibrant and expanding community. Be in downtown Waco in just fifteen minutes! Don't miss this opportunity to own a profitable and well-established wedding venue in one of Texas's most desirable regions. Knoxville Ranch offers not only a piece of Texas charm but also a sound financial investment in a growing industry. If you're ready to step into a thriving business with a great return on investment, contact us today to learn more about this extraordinary property.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMclennan
  • Taxes$62,175
  • HOA/Condo/Coop Fees$0
  • Days on Site219 Days
  • MLS StatusActive
  • MLS ID Number218633
  • Home Size Source Appraiser
  • Year BuiltN/A
  • Lot Size51.91 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Other
  • Parking Parking Lot
  • Sewer NoneSeptic Tank
  • Number of Stories 22
  • Acreage 51.91
  • Utilities Sewer Not Available

Interior Features

  • Cooling Central Air

Exterior Features

  • Roof Metal
  • View Water
  • Waterfront Property Yes
  • Road Frontage County Road

Schools

School District
West ISD
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$37,310
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