Jon Krebbs Facilitates Sale Of Holly Lake Resort In Holly Lake Ranch, Texas

The Holly Lake Resort in Holly Lake Ranch, Texas, was recently sold. The property, encompassing 130 units with an average size of 708 square feet, is located at 1823 Fm 2869. The resort features various amenities such as a restaurant, movie theatre, fitness center, swimming pools, and recreational activities, making it an attractive investment option for families and couples.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Market: Holly Lake Ranch
• Keys: 130

Jon Krebbs from The Multifamily Group, based in Dallas, played a crucial role in the sale of Holly Lake Resort. He represented the seller during the auction process, which led to a quick closing within 30 days. The property received multiple competitive offers from ten bidders, indicating strong interest in the investment opportunity.