32598 SH 55
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32598 SH 55
62.27 Acres of Commercial Land Offered at $3,000,000 in Uvalde, TX 78801
Investment Highlights
- This property is a Mecca for biking, kayaking, astronomy, fly fishing, rafting, tubing, and hiking.
Executive Summary
We believe the new owners of this resort investment will enjoy the natural beauty and peaceful lifestyle of the Texas Hill Country. While
this property is remote, that is its beauty and attraction. This property is a Mecca for biking, kayaking, astronomy, fly fishing, rafting,
tubing, and hiking. Not to mention that the resort is an excellent base camp for day tripping this vast area of south and southwest Texas.
For the nature lover this part of Texas is famous for deer, turkey, quail, dove, and many other species of birds and wildlife. Development
and promotion of these activities by new ownership could vastly improve occupancy during the awesome Texas Fall weather.
Purchase Offering: $3,000,000 Capital Expense: $500,000
As an investment, this property can provide double digit returns and superlative capital gains based on a five-year investment horizon
(link to Pro forma). This outlook is based on a proven market for utilization of the cabins and the addition of 10 new cabins. Assuming 10
new cabins are added the initial capital requirement is approximately $500,000. The total Investment amount is $3,500,000. $500,000
Capital Expense should be sufficient to construct the 10 new cabins as the first year capital expenditure. Based on historical performance
the Net Operating Income will cover the debt by 122% based on a $3,000,000 loan at 7% amortized over 25 years.
this property is remote, that is its beauty and attraction. This property is a Mecca for biking, kayaking, astronomy, fly fishing, rafting,
tubing, and hiking. Not to mention that the resort is an excellent base camp for day tripping this vast area of south and southwest Texas.
For the nature lover this part of Texas is famous for deer, turkey, quail, dove, and many other species of birds and wildlife. Development
and promotion of these activities by new ownership could vastly improve occupancy during the awesome Texas Fall weather.
Purchase Offering: $3,000,000 Capital Expense: $500,000
As an investment, this property can provide double digit returns and superlative capital gains based on a five-year investment horizon
(link to Pro forma). This outlook is based on a proven market for utilization of the cabins and the addition of 10 new cabins. Assuming 10
new cabins are added the initial capital requirement is approximately $500,000. The total Investment amount is $3,500,000. $500,000
Capital Expense should be sufficient to construct the 10 new cabins as the first year capital expenditure. Based on historical performance
the Net Operating Income will cover the debt by 122% based on a $3,000,000 loan at 7% amortized over 25 years.
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hospitality |
| No. Lots | 1 | Total Lot Size | 62.27 AC |
| Property Type | Land |
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hospitality |
| Total Lot Size | 62.27 AC |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 62.27 AC |
| Price Per AC | $48,177 |
| Price | $3,000,000 |
| Price Per AC | $48,177 |
| Lot Size | 62.27 AC |
Description
The Nueces River was once the border of Texas and the beginning of the Wild Horse country of South Texas. This beautiful and historic part of the Texas Hill Country provides families with enjoyable camping and cooling off during summers in this hill country river resort.
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zoning
| Zoning Code | None-OCL (None) |
| None-OCL (None) |
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32598 SH 55
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