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.
9.7 MI from Kerrville at I-10 E and TX 16-Fredericksburg RD 1. Travel SW on Fredericksburg RD 0.1 MI 2. Turn left (south) on TX-534 Loop 4.3 MI 3. Turn left (southeast) on TX-173-Bandera HWY 5.2 MI 4. Property on your right
The approximate monthly Principal & Interest payment for this property would be $29,447. This payment is based on a 30-year loan at a fixed rate of 4.10 % with a down payment of $650,000. Actual lender interest rates and loan programs may vary.
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