Do Real Estate on the Go!
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Do Real Estate on the Go!
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$469,900
-- Bed
- -- Bath
--sqft
605 Lakeshore Ln, Bandera, TX 78003
$469,900
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Multi Family
Built in 2017
$120 HOA
2.82 acres lot
--/sqft
Description
Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites and 2 tent sites, with ample space to add at least 6 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational adjustments like online bookings, rate optimization, and accepting short-term guests (no capital expenditure required as the infrastructure is already in place for growth). The park offers...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2017
HOA Fees
$120
Finished Area
- sqft
Lot Size
2.82 acres lot
Basement Area
- sqft
MLS Name
LERA MLS
MLS Number
1941213
MLS Status
ACT
Days on Market
37
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