Canyon Lake, TX

Elite Lakeside Texas Hill Country Resort

5,006 SF Hospitality Short Term Rental

140 Banister,

Canyon Lake, Texas

Promoter Pool Info

I'm Interested In Promoting This!

Target Acquisition Price

$1,350,000

5 Bedroom House

3 Bathrooms

5,006 Sq. ft.

EXECUTIVE SUMMARY

9.14% Cap Rate

Incredible short-term rental opportunity! Beautifully built across from Jacobs Creek Park with a nice view of Canyon Lake. Access to the water and boat ramp directly across the street and a nicely landscaped facility with a playground, covered outdoor living with pool table, TV and more. There are currently 4, 2-story units and an office with plenty of room to make it your 5th unit if desired. There is also almost an acre of additional land to add more units, RV spots, etc. This short term rental facility is located just off FM 306 in a very convenient location of Canyon Lake and the website and all current business property is sold with it. Last years NET was $121,075!

Grand & luxurious amenities.

Beautiful Lake Views

Luxury Rooms

1 of 4 Designer Kitchens

4 Unit; 2-Story Lakefront, Designer Kitchen

Strategic Location!

A short drive to both Austin and San Antonio!
Added Bonus there is a Buccee's in San Marcos a few miles away!

Why this community?

I love the neighbourhood and our neighbours. The area is completely residential and full of greenery. Every morning I go for a jog in the adjacent park and can breathe fresh air. It's far away from the busy roads, so there in no noise pollution.

KATE

JOHN