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Vineyard Trail Cottages 10296 E US Highway 290 14 Room Bed and Breakfast Fredericksburg, TX 78624 $1,900,000 ($135,714/Room) 12.47% Cap Rate
INVESTMENT HIGHLIGHTS
- Paved Road, Driveways, & Parking
- Party Barn With Outdoor Fireplace
- Walking Trail to Perdaneles River
EXECUTIVE SUMMARY
Sales Price Includes 5.7 Acres of excess land (this land is behind the existing cabins and extends to the Pedernales River.) The land is currently Ag Exempt by the Gillespie County Appraisal District. A public water well has recently been designed and engineered for this tract and for future expansion of Vineyard Trail Cottages.
*Financials available upon request and contingent upon buyer signing a confidentiality agreement.
Offered Exclusively by Coldwell Banker, Mark Campbell & Associates (325-642-5416) or mark@brownwoodrealestate.com. Mark Campbell, is broker and one of the (3) owners of the property.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ABOUT 10296 E US HIGHWAY 290 , FREDERICKSBURG, TX 78624
Vineyard Trail Cottages are positioned in the Heart of the Fredericksburg, TX Wine Country. The property is 10 miles east of Fredericksburg, on Hwy 290, the Pedernales River, and in the fastest growing area of Gillespie County, TX. Vineyard Trail Cottages includes 11 cabins and 14 units. This facility is a welcoming space where nature, music, wine, relaxation, & fun begin. The property is convenient, private, secure, immaculately maintained, and beautiful. 12 units have kitchenettes with mini-fridge, microwave, and sinks; 2 units have full kitchens, all units have granite countertops, ceiling fans, walk-in tile showers, vaulted tin ceilings, custom trim, central heating and air conditioning, and individual hot water heaters. 1 of the units was built for owner and is one bedroom one bath with separate living area and covered porch and is attached to an 800+- sf RV barn (that has two overhead doors, built to house a 40’ Class A-RV, with slide-outs on both sides. The RV barn is plumbed with water and electricity and one of the overhead doors is electric.) About 5 acres of excess land is included in the 11 acres and provides room for expansion
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 14 | $189.00 | - |
PROPERTY TAXES
| Parcel Number | 56843 | Improvements Assessment | $0 |
| Land Assessment | $780 | Total Assessment | $780 |
PROPERTY TAXES
Presented by
Vineyard Trail Cottages | 10296 E US Highway 290
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