Compelling income-producing investment opportunity at a new price point. This established STR portfolio features four separately deeded townhomes on approximately 1.04 acres within walking distance of the Frio River. The property offers an existing short-term rental operation with established performance and a management structure already in place. Beyond the current STR use, the rear portion of the property offers notable value-add and expansion potential. The site configuration may lend itself to additional casitas or cabins, RV hookups, or a future event venue concept, subject to applicable approvals, utility capacity, permitting and buyer due diligence. With multiple rentable units, established revenue history, river proximity and room to further develop the property, the next owner has an opportunity to create a distinctive Frio Canyon destination.
Details
MLS #
1869998
Listing Type
For Sale
Style
Town House
Status
Price Change
Year
1980
Days On Site
483
Listing Provided By
Lantana Realty | Elizabeth Brunk
Features
Bed(s)
10
Bath(s)
8 Total
SQ Feet
4,788
Story(s)
2
Units
4
Interior
Interior Features
One Living Area, Living/Dining Combo, Eat-In Kitchen, Loft, High Ceilings, Open Floor Plan, Laundry Main Level
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