Commercial and income producing opportunity

Overview: 

This is a massive investment property with 100% occupancy, room to expand and raise rents.  12.8 acres with 7 rental homes, 64 covered RV spaces, 30+ uncovered RV spaces, 10- 10x10 drive up storage units, a commercial building, another metal building currently serving as a church, an additional workshop/garage.  Building began in 2012 on this property- so everything is between 3-10 years old.  Located in Kyle, TX ETJ and just a half a mile from IH-35.  Amazing location, private yet accessible.

7 Rental Homes:

• Unit B   2 Story 2/1.5  (1104 sf) with attached garage (336sf) and double carport (378 sf.), built in 2010.

• Unit C   3/2 (1293 sf) with a covered porch (203sf) double carport  (378sf), built in 2011.

•  Unit D   3/2 (1293 sf) with covered porch (203sf) with quadruple carport (819 sf), built in 2012.

• Unit E   2/1 (768sf) with a double carport (378st), built in 2012. 

• Unit F very cute 1/1 cottage (450 sf) attached carport and storage, built in 2017.  All appliances, washer/dryer, mini split AC/heating unit, 38 gal lowboy water heater, tile floor, granite countertops.  

• Unit G very cute 1/1 cottage (450 sf) attached carport and storage, built in 2017.  All appliances, washer/dryer, mini split AC/heating unit, 38 gal lowboy water heater, tile floor, granite countertops. 

• Unit H 1/1 (624 sf) with covered porch(114sf).  Single carport (252 sf), built in 2018.  

•  1 Mini Storage  20’x50’ metal building for tenants to use. Each tenant has use of 10’x10’ space.  Built in 2012   

• 2  Covered RV Barns built in 2015 200’X80’.  Each has 32 spots (all occupied at $100-$125 monthly) There is a waiting list.  Room to build 1-2 more RV Barns  

• 1 Commercial Building   48 x80’ (3840 sf)  Metal building with septic. 9590 sf of concrete paving.  Built in 2017 . Tenant has will begin his 5th and final year. Lease expires March 2023. His lease states that he can renew lease at market value There is room to build at least one more commercial building 

• Church building  2 half baths, water, and AC constructed with wood frame, metal exterior and metal roof and attached covered deck .  Storage shed included next door.

• Metal Workshop metal roof building is 20'x24'.

Utilities: 

 There are 2 separate septic systems.  One for commercial building and 1 for the rental houses with capacity to service 3 more houses 

Water provided by City of Kyle.  Electricity is provided by Pedernales Electric Cooperative (PEC). This property is in an ETJ. 

Ecomomic Developement:

The City of Kyle is a booming economic market.  Costco has recently announced they will be adding a location in Kyle.  Several Amazon hubs are already in Kyle.  

For more information reach out to Patti Haverda via email at pattihaverda@gmail.com or (512) 557-0748.

BY APPOINTMENT ONLY.