Become the Owner Today
An Exclusive Opportunity:
Own River Falls Venue + Lodges
Located on the edge of the Palo Duro Canyon, just outside Amarillo, TX, River Falls Venue + Lodges is a premier wedding and events business with three luxury lodges, two event spaces, and multiple ceremony locations.
This turnkey business offers both real estate and established operations, a rare chance to own one of the Panhandle’s most sought-after venues.
Book your private tour and discover the business that sells itself.
About the Business
River Falls Venue + Lodges has built a reputation as a top wedding and events destination in the Texas Panhandle. With year-round bookings, high demand for lodging, and a setting unlike any other, this property combines steady cash flow with strong growth potential.
Highlights:
- Established wedding & event venue business
- Fully operational with bookings in place
- Multiple income streams: venue rentals, lodging, event add-ons
- Strategic location near Amarillo & Palo Duro Canyon tourism traffic
Investment Overview
River Falls Event Venue presents a strong investment opportunity with a Net Operating Income (NOI) of $197,360.27, delivering an attractive 6.81% capitalization rate based on the current sale price of $2,900,000.
Property Details
Total Building Area: 24,105 sq. ft.
Additional Structures: 1,588 sq. ft. of canopies and stages
Total Usable Area: 25,693 sq. ft.
Financial Highlights
Sale Price: $2,900,000
Net Operating Income (NOI): $197,360.27
Cap Rate: 6.81%
Price per Sq. Ft. (Buildings Only): $112.85
This property combines a competitive cap rate with a favorable price per square foot, making it an attractive option for investors seeking a stable income-producing asset with long-term growth potential.
Venues
Large Event Center: 8,000+ sq. ft., capacity for 300+ guests indoors, plus a 3,000 sq. ft. patio overlooking landscaped pond and ceremony stage.
Small Event Space: Seats up to 100 guests indoors with outdoor patio views of stream, gazebo, pond, and canyon.
Ceremony Locations: Options include a lakeside wooden arch, gazebo, and canyon overlooks.
Lodging
Three-Bedroom Lodge ($399/night) – spacious suites, fireplaces, canyon & pond views.
Two-Bedroom Lodge ($299/night) – indoor/outdoor design, stocked fishing pond.
One-Bedroom Lodge ($199/night) – studio-style, oversized bath, cozy fireplace.
Venues
Large Event Center: 8,000+ sq. ft., capacity for 300+ guests indoors, plus a 3,000 sq. ft. patio overlooking landscaped pond and ceremony stage.
Small Event Space: Seats up to 100 guests indoors with outdoor patio views of stream, gazebo, pond, and canyon.
Ceremony Locations: Options include a lakeside wooden arch, gazebo, and canyon overlooks.
Lodging
Three-Bedroom Lodge ($399/night) – spacious suites, fireplaces, canyon & pond views.
Two-Bedroom Lodge ($299/night) – indoor/outdoor design, stocked fishing pond.
One-Bedroom Lodge ($199/night) – studio-style, oversized bath, cozy fireplace.
Location
- Situated at the edge of Palo Duro Canyon, the second-largest canyon in the U.S.
- 20 minutes from Amarillo, TX (airport access, hotels, amenities)
- High visibility and destination appeal for weddings, retreats, and tourism
