3900 Bandera Highway

    Kerrville, TX 78028
    • $6,500,000
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: 14027309
    UPDATED: 206 min ago
    $6,500,000
    • 0
      BEDS
    • 17.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Offered by Diane Alexander of Southwest Partners Global International Realty.

    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.

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Town & Country are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-05-26T23:41:11.4.
    www.rmxtc.com/homes/91995342

    3900 Bandera Highway Kerrville, TX 78028

    • Price: $6,500,000
    • Status: Active
    • Updated: 206 min ago
    • MLS #: 14027309
    0
    Beds
    0
    Baths
    0
    ½ Baths
    17.32
    Acres
    2005
    Built
    Neighborhood:
    None
    County:
    Kerr
    Area:
    South Of Service
    Property 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.
    Exterior Features

    Construction BlockBrickCommon WallConcreteMetalSidingWood Construction Materials Walls BrickCementCement BlockMetalPaneling Foundation Pier & BeamSlab Parking Or Garage Common Garage Road Frontage Type CountyState Roof CompositionMetalOther Topography ClearedRollingSloped Waterfront YN No

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Computer ReadyCooler/FreezerFenced Outside StorageFire AlarmInside StorageLiving AreasMulti-UserOpen SpanOtherOutside StorageSecurity LightingTelephone Flooring CarpetConcreteVinyl Heating Central Air-ElecCentral Heat-ElecOtherPanel/Floor/WallWindow UnitZoned Sq Ft Building 33858 Sq Ft Gross 33858 Sq Ft Leasable 31250

    Property Features

    Building Area Source Owner Building Use Other Business Name Triple T Resort & C Commercial Zoning None Construction Status Preowned Gross Annual Expenses 152702 Gross Annual Income 767150 Inclusions BusinessFurnitureInventoryLand & Improvements Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 614468 Occupancy Rate 100 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventionalTrade/Exchange Special Notes Aerial Photo Tenant Pays Electric Utilities AsphaltGravel/RockPrivate RoadPrivate SewerPrivate WaterSepticUnincorporatedWell Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Town & Country are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-05-26T23:41:11.4.
     
    RE/MAX Town & Country
    301 S Watters Road
    Allen TX, 75013
    Offered by Diane Alexander of Southwest Partners Global International Realty.