3201 Over Flow Road, Waco, TX 76712
For Sale
Price On Call
North Star Brokerage & Advisory is pleased to present a rare opportunity to acquire Lake Waco Marina, The Cove Marina, and RV Park—a premier waterfront investment with two marinas and an RV park in the heart of Central Texas.
Offered by private ownership after 20 years, this turnkey, cash-flowing portfolio includes 264 existing boat slips (with approvals for 407), 85 RV sites (70 full-hookup pending final septic installation), dry storage, retail, and multiple ancillary revenue streams. A newly executed 25-year lease with the U.S. Army Corps of Engineers—extendable to 50 years—provides long-term stability in one of Texas’s highest barrier-to-entry marina markets.
Recent capital improvements, strong occupancy with limited marketing, and significant expansion potential position this offering as one of the most strategic and scalable marina/RV park portfolios in Central Texas.
Located in Waco, a growing regional hub and tourism destination, the properties benefit from steady boat traffic, RV demand, and a thriving outdoor recreation economy. For investors seeking protected competition, diversified income, and immediate upside, Lake Waco Marina & RV represents a unique opportunity to acquire a proven, income-producing asset with long-term growth potential.