12821 River RdCanyon Lake, TX 78132

For Sale
$1,450,000

Texas Riverfront Hotel - High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 50-bed hotel, "Tipis on the Guadalupe," situated on 1.247 acres in Canyon Lake, Texas (New Braunfels zip code 78132). Boasting a 5.17% cap rate and a strong NOI of $75,000, this stabilized property offers significant return potential. The 5,640 square foot hotel features nine unique tipi cabin accommodations, each with its own bathroom access via two separate bathhouses. An on-site office and laundry facility add to the operational efficiency. Built in 2014, the single-story property is conveniently located less than an hour from both Austin and San Antonio, and just over an hour from Fredericksburg's Hill Country wine trail. Nearby attractions include the renowned Gruene Dance Hall and Whitewater Amphitheater. The property also includes a separate tiny home, potentially offering additional income or on-site management housing (negotiable). The asking price is $1,450,000, translating to $257.09 per square foot. This unique hotel presents a compelling investment in a desirable Texas location.

Highlights

  • $1,450,000 asking price for this stabilized hospitality investment.
  • 5,640 square feet, offering a $257.09 price per square foot.
  • 5.17% cap rate with a $75,000 net operating income (NOI).
  • 50 beds across 9 one-story buildings on a 1.247-acre lot.
  • Built in 2014, located at 12821 River Rd, New Braunfels, TX 78132.
  • Broker co-op available.

Property Details for 12821 River Rd

Property type
Other hospitality properties, Hotels
Square Feet
5,640 SF
Year Built
2014
Buildings
9
Stories
1
Lot Size (sq. ft)
54,319 SF

Location Insight

City
Canyon Lake
County
Comal
State
Texas
Latitude
29.8300337
Longitude
-98.1645007
12821 River Rd, Canyon Lake, Texas

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12821 River Rd
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