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Blue Dove Inn & Hilltop Cottages 208 Valley View Dr 10 Room Serviced Apartment Kerrville, TX 78028 $1,674,900 ($167,490/Room) 8% Cap Rate
Investment Highlights
- Turn-Key Hospitality Business with Multiple Income Streams.
- Approximately 2.4 Acres with Scenic Hill Country Views.
- Swim Spa, Outdoor Gathering Areas & Fire Pit.
- 6-Bedroom Inn + 3 Furnished Cottages + Separate Apartment.
- Established Short-Term & Mid-Term Rental Operation.
- Ideal for Weddings, Retreats & Corporate Events.
Executive Summary
Property Facts
| Price | $1,674,900 | Building Class | C |
| Price Per Room | $167,490 | Lot Size | 2.40 AC |
| Sale Type | Investment | Building Size | 5,099 SF |
| Cap Rate | 8% | No. Rooms | 10 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1978/2024 |
| Property Subtype | Serviced Apartment | Parking Ratio | 4.31/1,000 SF |
| Zoning | None - Property is located in unincorporated Kerr County and is not subject to county zoning. | ||
| Price | $1,674,900 |
| Price Per Room | $167,490 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | C |
| Lot Size | 2.40 AC |
| Building Size | 5,099 SF |
| No. Rooms | 10 |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2024 |
| Parking Ratio | 4.31/1,000 SF |
| Zoning | None - Property is located in unincorporated Kerr County and is not subject to county zoning. |
About 208 VALLEY VIEW DR , KERRVILLE, TX 78028
Blue Dove Inn & Hilltop Cottages presents a rare opportunity to acquire a fully operational Texas Hill Country hospitality retreat situated on approximately 2.4 acres. The property features a beautifully renovated 6-bedroom, 6-bath inn, three fully furnished cottages, and a separate one-bedroom apartment, creating multiple established income streams. Amenities include a swim spa, outdoor gathering spaces, event areas, and scenic Hill Country views. Conveniently located just minutes from downtown Kerrville and Peterson Regional Medical Center, this turnkey investment is ideal for hospitality, corporate housing, retreats, weddings, special events, or continued short-term rental operations. Financial information available to qualified buyers. Shown by appointment only.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 11 | - | - |
Property Taxes
| Parcel Number | R24789 | Improvements Assessment | $634,007 |
| Land Assessment | $45,000 | Total Assessment | $679,007 |
Property Taxes
Contact the Sale Advisor
Blue Dove Inn & Hilltop Cottages | 208 Valley View Dr