Kerrville, TX 78024,3900 Bandera HWY

$5,999,999

Est.Price: ?

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Est. payment /mo

17.3 Acres Lot


SOLD DATE : 12/02/2019

Key Details

Property Type Commercial

Sub Type Mobile Home Park

Listing Status Sold

Purchase Type For Sale

Subdivision A0111 Crook, Sur

MLS Listing ID 1044395

Sold Date 12/02/19

Originating Board actris

Year Built 2005

Annual Tax Amount $14,164

Tax Year 2018

Lot Size 17.300 Acres

Property Description

Triple T RV Resort and Conference Center. proforma 2019 9.91 Cap, NOI $ 594,506. 3 efficiencies recently 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. 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.

Location

State TX

County Kerr

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Furnishings Unfurnished

Fireplace N

Exterior

Exterior Feature None

Pool None

Community Features None

Utilities Available Electricity Available, Other, Phone Connected, Propane

Waterfront Description None

View Y/N Yes

View Hill Country

Roof Type See Remarks

Accessibility None

Porch None

Total Parking Spaces 99

Private Pool No

Building

Lot Description Rolling Slope

Story 1

Foundation See Remarks

Sewer Septic Tank

Water Well

Structure Type See Remarks

Others

Pets Allowed No

Restrictions None

Acceptable Financing Cash

Tax Rate 1.62523

Listing Terms Cash

Special Listing Condition Standard

Pets Allowed No

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Listed by Southwest Partners
Bought with Non Member
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