Canyon Lake Cabins & Cottages For Sale
NOI $252324.30 in 2013 /12.62 % CAP RATE
Canyon Lake, TX
**PRICE REDUCED** This turn-key family owned income producing business consists of 24 Cabins and Cottages at Canyon Lake on 4.615 Acres. There are 3 different sizes of cabins, the largest sleeps 6-10. All have kitchenettes, linens and AC/Heat. There are both pet-free and pet-friendly rooms, as well as a handicap accessible cabin. Property features a Manager's House, Wedding Gazebo, Outback Event Hall, BBQ pits, patios, picnic benches, sand volleyball, patenque court and beautiful swimming pool. Impressive NOI 12.62% CAP Rate
Canyon Lake Cabins and Cottages is located on the north side of Canyon Lake in the Hill Country between Austin and San Antonio. We have 24 Cabins and Cottages plus an Event Hall and Wedding Gazebo. Our place is beautifully landscaped with over 5 acres of lawns, huge oak trees, covered picnic and BBQ areas, a playground, in-ground pool and beach volleyball court. Canyon Lake is known as the Water Recreation Capital of Texas! Canyon Lake offers 80 miles of shoreline around pristine clear blue waters for fun year-round. Although CLCC is not lakefront, we are only 1 ½ miles from Potters Creek Boat Ramp Park and Fishing Pier. The lake offers six public parks. Hiking trails within are open year-round and free of charge. Horseback riding along Old Hancock Trail, bicycling the trail in Canyon Park, or walking across Canyon Dam allow you to enjoy the lake up close. Enjoy tubing, rafting, swimming, snorkeling, boating, fishing and more. There are over 21 boat ramps on the lake, (one upriver) and two Marinas for renting boats.