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4323 State Hwy 16

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PASTEL CABINS – Offers an outstanding investment opportunity with so many possibilities with 10 rental units! Setting on 8.6 acres and over 1400 ft along the gorgeous Live Oak creek. Improvements include five 1 bedroom 1 bath cabins offing 720 soft feet complete with living area and small kitchen. Then there are four more 1 bedroom 1 bath cabins also offering living areas and small kitchens with approx 550 sqft each. All of the cabins were built in 2009. In addition to all of that there is also a 2 bedroom 2 bath home on the property. All 10 units are currently being rented on a monthly basis and has a a great cash flow.

POSSIBILITIES – with the lovely setting on Live oak creek there is also the possibility to turn these cabins into Bed and Breakfasts / Short term rentals. Located less than a mile from Lady Bird Golf Course and the Fredericksburg city limits and just 4 miles South of Main street means you are just minutes to town. Another vision would be to add a few RV slots down by the creek. And talk about a beautiful setting, it really is hard to describe just how gorgeous the creek bottom is! The pictures you see are taken durning a a bad drought and no significant rain fall in moths, yet the creek is still flowing with lots of deep holes. The possibilities off what you can do with this awesome setting are endless!
Owner financing is available with 25% down!

Price:$$1,595,000
Address:4323 State Hwy 16
City:Fredericksburg
County:Gillespie
State:Texas
Zip Code:78624
MLS:76394
Square Feet:1,512
Lot Square Feet: acres
Bedrooms:11
Bathrooms:9

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