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3900 Bandera Hwy
Kerrville, TX 78028

Triple T RV Resort & Conference Center · Speciality Property For Sale · 33,858 SF

PROPERTY FACTS

Property Type Speciality
Property Subtype Trailer/Camper Park
Building Class C
Lot Size 17.00 AC
Building Size 33,858 SF
Number of Floors 1
Year Built 2010
Parking Ratio 6.03/1,000 SF

Amenities

  • Air Conditioning

About 3900 Bandera Hwy , Kerrville, TX 78028

Hybrid income producing property with annual leased assets PLUS RV sites and 3 owner financed mobile home notes. 9.91% Cap. $594,506 Net Operating Income (NOI). $217,590 Net Cash Flow (NOI - Annual Debt Service). 15.22% 1st year cash-on-cash. 1.71 Debt Service Coverage Ratio (Minimum 1.25 normally required by lenders). All annual lease units 100% occupied: 30 cabins, 8 suites, 4 efficiencies, 6 mobile home lots. 56 RV slots equally divided between long-term and short-term rentals. Maintenance person at 25 hours per week for 1 RV slot and electric. Excellent reputation. 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R13710
  • R17418
  • R13596
Land Assessment
£86,161
Improvements Assessment
£961,658
Total Assessment
£1,047,820

zoning

Zoning Code None
None
  • Listing ID: 15227703

  • Date on Market: 20/02/2019

  • Last Updated:

  • Address: 3900 Bandera Hwy, Kerrville, TX 78028

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