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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 | Building Size | 33,858 SF |
Property Subtype | Trailer/Camper Park | Number of Floors | 1 |
Building Class | C | Year Built | 2010 |
Lot Size | 17.00 AC | Parking Ratio | 6.03/1,000 SF |
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.
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | £961,658 |
Land Assessment | £86,161 | Total Assessment | £1,047,820 |
PROPERTY TAXES
- R13710
- R17418
- R13596
zoning
Zoning Code | None |
None |
Listing ID: 15227703
Date on Market: 20/02/2019
Last Updated:
Address: 3900 Bandera Hwy, Kerrville, TX 78028