4 Unit Short Term Resort - Cash Flow Opportunity
Listing was updated at: 04/04/2019
Property Overview
Price/Rent PSF $ 885,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 5,006
Date Available 04/04/2019
Additional URL Link
Floors 2
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From IH 35 Go West on FM 306, Go approx 1.45 miles past South Access Rd by Canyon Lake Dam, turn left on Jacobs Creek Park Rd, then immediately turn right onto Old Hancock Rd and Still Water Ranch Condos will be on you right.

Still Water Ranch Condominiums, located 3 miles north of Canyon Lake Dam, offers multiple hospitality opportunities presently and in the future. It's ideal for a buyer who wants to continue the current operation or add additional condos to expand the income potential. There is also enough land included to develop boat and RV storage or other business opportunities.

Offers 4 two-bedroom Condo completely furnished with fully equipped kitchens, stainless steel appliances, one king size bed plus a combination of Queen and/or bunk beds for the kids, sleeping up to eight. Each condo has an upstairs private balcony with gorgeous views of the lake and hill country. Bathrooms have large tile walk-in showers, and large vanities. Each unit is equipped with high speed internet and multiple flat screen TV's. This 4 Unit Condo sits on 2.64 acres that has a sand volleyball court, concrete basketball court, outdoor fireplace, outdoor pavilion w/ kitchen, rock patio under the oaks and more land to add additional improvements.