12064 Park Road 37,Lakehills, TX 78063
Lakehills, TX 78063
Description
Priced to sell at $139,900! Take advantage of this multi-unit property with opportunities for upside and value-add! Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers a 33% pro-forma cap rate solely from projected rental income. Day one provides you with flexible options to immediately lease a minimum of six spaces (two buildings, two full hookup RV spaces, two camping/storage spaces), with space to add several more units across its seven lots. The property's buildings offer mixed-use potential ideal for retail, office, short-term rental, studio, storage, and/or QSR. The interior of one of the buildings includes a 1950s Spartan Mansion that is seamlessly integrated, creating a distinctive setting. Significant updates to the buildings and grounds have been implemented, including utilities, aesthetics, and site updates making this a turnkey opportunity for long-term leases or short-term rentals. Water, sewer, and electricity are throughout the property. With easy access to the new H-E-B grocer at Hwy 211/Culebra Rd, Alamo Ranch, Helotes, Bandera, and Medina Lake, plus ample parking and natural shade from mature oaks and cedars, this versatile property is full of potential. Seller Finance Option Terms (firm): $60K down payment, 2-Year Seller Carry, 12% Interest. Schedule your tour today!
Details
| MLS # | 1875285 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-use |
| Status | Active |
| Year | 1955 |
| Days On Site | 445 |
| Listing Provided By | Leverage Realty Consulting Group | Thomas Martinez |
Features
| SQ Feet | 15,500 |
|---|---|
| Story(s) | 1 |
| Zoning | UNRESTRICTED: RESIDENTIAL |
| Acreage | 0.35 |
Interior
| Heating | 3 Units |
|---|
Exterior
| Roof | Metal |
|---|---|
| Foundation | Slab, Other |
Parking
| Number Total Parking | 10 |
|---|
Utilities
| Utilities | Electricity, Water, Telephone, Septic, Cable TV, Other |
|---|
Taxes
| Tax Property Id | 10300080640110 |
|---|---|
| Annual Tax | 1057 |
| Total Tax | 1057 |
Area Information
| State | TX |
|---|---|
| County | Bandera |
| City | Lakehills |
| Zip Code | 78063 |
| Area | Bandera |
| School District | Bandera Isd |
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Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Bandera |
| City | Lakehills |
| Zip Code | 78063 |
| Area | Bandera |
| School District | Bandera Isd |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
