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6701 Oasis Pass
Austin, TX 78732
La Villa Vista · Hospitality Property For Sale
·
5,200 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 5,200 SF |
| Property Subtype | Bed and Breakfast | No. Stories | 2 |
| Building Class | B | Year Built | 1984 |
| Lot Size | 0.31 AC | Corridor | Interior |
| Zoning | SFR | ||
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 5,200 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Corridor | Interior |
| Zoning | SFR |
AMENITIES
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ABOUT 6701 OASIS PASS , AUSTIN, TX 78732
La Villa Vista is a one of-a kind Mediterranean style bed and breakfast located at 6701 Oasis Pass in Austin, Texas. Built in 1984, the Villa sleeps 12 people across its 5 private suites. Noted as “The Italian Riviera on Lake Travis”, the property is situated along a natural cliff providing both sunrise and sunset views like its famous neighbor, The Oasis on Lake Travis. Due to The Villa’s unmatched location and performance, the opportunity exists to step into a well-performing business. However, the property provides opportunity with many different angles to add value. Of the 264± linear feet of Lake Travis views, the current layout utilizes only 95± feet. With room to extend access to these views near the pool area and driveway, new ownership will have the opportunity to add more units or extended common areas. Also, it is believed the current rental rates have not hit their ceiling. The average nightly rate of $265 stays consistently booked, and no other bed and breakfast property has the views or layout as special as La Villa Vista. The property does have the capability to be run as a luxury bed and breakfast as new ownership can undertake renovations catering to higher end clients. Lastly, The Villa has proven to be a perfect space for events such as weddings, corporate and private retreats. With limited staff on hand, current ownership has scaled back on hosting such events, which were once key profit drivers for the property.
