Triple T RV Resort and Conference Center. 9.4% Cap, $614,468 NOI with 3 efficiencies just completed. 80% Margin. 30 cabins, 8 suites, 4 efficiencies, 6 mobile home lots on annual leases. 56 RV sites. Excellent reputation. Expansion Plan CAP rate 10.4 with 15 new lease units. No Flood Zone. 100-foot elevation range. Low crime rate. Great demographics. 10 MI to I-10 Kerrville. 15 MI to I-10 Comfort. Under 30 MIN to Fredericksburg, Boerne, Bandera. Adjacent 16 acres and 6,081 SF new home available.
Electricity on Property, Internet-WiFi, Phone on Property, Propane
Property Listed by: Southwest Partners
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 20th, 2019 at 4:17am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Listing information last updated on July 20th, 2019 at 4:17am CDT.