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3900 Bandera Hwy
Kerrville, TX 78028
Triple T RV Resort & Conference Center · Specialty Property For Sale
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33,858 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 33,858 SF |
| Property Subtype | Trailer/Camper Park | No. Stories | 1 |
| Building Class | C | Year Built | 2010 |
| Lot Size | 17.00 AC | Parking Ratio | 6.03/1,000 SF |
| Zoning | None | ||
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 17.00 AC |
| Building Size | 33,858 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Parking Ratio | 6.03/1,000 SF |
| Zoning | None |
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
| Parcel Numbers | Improvements Assessment | $1,252,553 | |
| Land Assessment | $109,690 | Total Assessment | $1,362,243 |
PROPERTY TAXES
