3900 Bandera HWY

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  • Kerrville, TX 78028
SQFT:

0

Price:

$6,500,000



Features


Interior
  • N/A
Exterior
  • N/A

Phyllis Browning Co. Agent


Carey Morgan
Carey Morgan

Office: (210) 408-4078

Cell: (210) 823-8205

Email: [email protected]

Agent Info »

Key Details


Price:

$6,500,000

Class:

CM

Approx. Lot Size:

17.32

Date Built:

2000

School District:

Kerrville.

MLS#:

1365306


Description


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.


Property brought to you by Southwest Partners 10965

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