Commercial Possibilities. Call/text me at 713-870-3173 or email me at georgec1776@yahoo.com on this great income opportunity ($54k - $120k per year). The tract is at 585 Oak Lawn Drive: 10 total lots (7 are 50'x100' each with three slightly longer - lots 42-44) comprising 0.87 acres which includes a 1,024 sq. ft. exterior finished A-Frame structure with interior wiring. There are 7 pads with existing water/septic connections installed...electric connections need to be re-run thru the existing conduits...other than that it is ready for operation...the following breakdown does not include utilities to be paid by the renters after the units are installed... 4 options to generate revenue for this property other than as a typical RV park. The owner would provide: 7 RV trailers rented @ $650 ea. per month = $4,550 gross revenue per month ($54,600 gross revenue per yr.), finish out the A-Frame, rent @ $900 per month adds $10,800 gross revenue per yr. OR 7 cabins (1br/1ba) rented @ $900 ea. per month = $6,300 gross revenue per month ($75,600 gross revenue per yr.), finish out the A-Frame, rent @ $900 per month adds $10,800 gross revenue per yr. OR 7 cabins (2br/1ba) rented @ $1100 ea. per month = $7,700 gross revenue per month ($92,400 gross revenue per yr.), finish out the A-Frame, rent @ $900 per month adds $10,800 gross revenue per yr. OR 7 single-wide trailers (2-3br/1ba) rented @ $1300 ea. per month = $9,100 gross revenue per month ($109,200 gross revenue per yr.), finish out the A-Frame, rent @ $900 per month adds $10,800 gross revenue per yr. The following is some info concerning the tri-county area affordable housing shortage covered in the Kerrville Daily Times (twice) and what local Bandera business owners have talked with me about...the Tractor Supply store (15 employees) built in 2019, and the following currently being built in Bandera...a Best Western Hotel (9 employees needed) opening this fall, a Dollar General Store opening this fall (6-10 employees needed), a +6,000 sq ft dance hall (+10 employees needed)...and a planned HEB (+40 employees needed), so about +80 people are going to be looking for affordable/available housing in Bandera County in addition to those already looking/waiting...and there is none...Bandera's only apartment complex is a Section 8 unit by the high school and currently has a 3 yr waiting list...there are no available houses for rent in Bandera County...when they do come on the market you can expect to pay $700 for a studio, $900 for a 1BR, $1100 for a 2BR, and $1400 for a 3BR...local people commute to work in Bandera from as far away as Kerrville (26 miles), Boerne (25 miles) and Hondo (29 miles) due to the housing shortage...585 Oak Lawn Drive is about 8 miles from Bandera...houses for sale in Bandera County start out at $200k-$250k...not too many of these employees will be able to afford them...585 Oak Lawn Drive is priced at $85k cash that can solve some of this housing problem for the employees...depending on investors liquidity you can install RV trailers (23'-27' and sleep 4) that can be purchased for an average price of $3500 (I have found 8 AirStreams for sale already online $4k or less) and rented for $650 each per month plus electric (or add in nominal cost for water/septic as well) and are instantly move-in ready...over time they could be phased out for either urethane (painted & treated) or Z-metal 1 BR cabins (16x32) or 2 BR cabins (16x40) rented for $900 and $1100 each per month plus electric (or add in nominal cost for water/septic)...multiple places to acquire these cabins, with group pricing and up to 60 month financing with no credit check for the cabins you can bring individual cabin prices for each way down...group pricing on single-wide trailers are at $29k or less around San Antonio area or can be bought from oil field trailer parks very cheaply.
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