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Very successful B&B, with garage apartment, backyard oasis, mature trees, pool and less than half a mile from the heart of Main Street. $80K gross revenue and 12.8% cap rate it's first year as a B&B. Standard rates are $475 per night, $625 Weekends, $725 Holidays. Convert the old carriage house and see even more revenue. This Hill Country escape is exceptional. Expect year round bookings It's a great investment property for anyone wanting a turnkey operation and no fuss bookings. Outstanding reviews!
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|9112205 - Commercial Sale||New (0 days total)||$599,000|
Property Listed by: Keller Williams Realty
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 20th, 2019 at 6:40am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.