Generic placeholder image

Lenders

Offer Price

$

Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

Please fill in all requiered fields

Outstanding Texas Hill Country--Guadalupe River Front vacation rental. Located in one of the Best Year-Round Vacation Rental Areas in the Country. Family vacation property with solid vacation rental income

+ 9

Zone

Login to see address

Kerrville, TX 78010

Favorite
$1,375,000
8
4
3,192
sq. ft.
$431
per sq ft
Heated sq ft: 3,192 sq ft
Avg Nightly Rate: $283
Home Legally Sleeps: 24
Occupancy Rate: 42 weeks
Annual Gross Income : 178000
Annual Net Operating Income : 72000
Property Type: Multi-Unit Property (B&B)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: Will Consider
Niche: Weddings or Family Reunions
New Construction: Yes
Days on Vrolio: 811

Property Description

This property will be listed with a national commercial broker on July 15, 2022. Last chance to deal directly with owner. Price Reduced to 1,375,000 391 nights currently booked for 2022 as of July 1, 2022. 2021 Operating Revenue $158,000 607 nights New construction opened January 2020. Two full years of operating data available. Take a video Tour https://youtu.be/KP7fB-N6hBc . Visit Website https://www.airbnb.com/rooms/40090976 . 135 feet of high demand deep water Guadalupe River Front. Four fully furnished and equipped cottages with Maid Service cottage. Each Cottage is 750 sq ft, 2 bedroom, 1 and ½ bath, sleeps 6, full kitchen. Large Tree Top Deck connects all four cottages. Extensive Riverside Patio. Two large riverside fire pits for cooking and nightly gatherings . Floating Swimming Dock. Rack for Kayaks and Canoes. Walking distance to restaurants, and convenience stores. A 10-minute drive to Kerrville for full entertainment, groceries, shopping. All Hill Country attractions and San Antonio within 40-minute drive. Staff and services in place for continuous operations. Transition support available for new operator. See Reviews AirBnB Super Host https://www.airbnb.com/rooms/40090976 VRBO Premier Host https://www.vrbo.com/1893995 Guadalupelazydays.com See Guestbook Guest Comments Google Maps Search 114 Center Point River Road, Center Point, TX 78010 For further discussion or property tour contact: Owner Representative: AL Dingman PH: 830-377-3123

Presented by:
Owner:
william dingman
Seller Financing
Will Consider
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 325
Low: 270
Peak: 325
Special Event: 325
Avarage: 283.00
Furniture Age
2
Est Value of Furnishings
$20,000
Peak & High Seasons
June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
No
Reason for Selling
Owner / Property manager retiring.
Foreign national buyer restrictions from government?
No
Gross Annual Income
178000
Net Operating Income
72000
Stories
2
Additional Indoor Rooms
Living Room, Master Suite Down
Appliances
Dishwasher, Full stove, Gas appliances, Microwave, Oven, Refrigerator
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Wall Unit A/C
Floor Coverings
Carpet, Laminate Wood
Security
No
Security Description
Half Baths
4
Master Suite(s)
Inquire
Energy Efficiency
Advanced House Framing, Double pane-low emissivity windows, Energy Efficient Insulation, Energy Star certified windows, Energy efficient lighting, Tankless water heater
Year built
2019
Outdoor Features
Fire Pit, Porch - Not screened, Sprinkler System, Tree House, Walk Out Balcony
View
River/Creek
Backyard Exposure
West
Lot Size
This property is located on the Bank of the Guadalupe River, highly prized river front location. The property is located near the Center Point Dam resulting in gentle deep water access for swimming and Kayaking. The Center Point Dam Park is located directly across the river within easy walking distance. Center Point is an unincorporated town. The lot is .42 acre. 133 feet of river front. 125 feet asphalt paved county maintained road frontage. 140 feet deep.
Community Features
Basketball Court, Playground
Tax Amount/Year
$6,031
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Basketball Court, Playground
Mandatory HOA
Inquire
Home Legally Sleeps:
24
Onsite Parking
Asphalt parking directly in front of the 4 Cottages to accommodate up to 10 cars.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$6.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
2 Years
Occupancy Rate
42
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Owner, Manager
Management Bookings Percentage
$20.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, VRBO and/or Homeaway profile, guadalupelazydays.com
Manager Cancellation Policy
7 - 14 Days before Checkin
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$75.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$350.00
Yard & Pest Control (Annual)
$4,300.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,590.00
Water/Sewer (Annual)
$1,365.00
Cable/Interbet (Annual)
$1,760.00
Accounting Fee (Annual)
$1,200.00
Property Taxes (Annual)
$6,031.00
Homeowner's Insurance (Annual)
$6,784.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

LOCATION MAP VIEW

Nearby Similar Homes

Data provided by property owner

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.