This meticulously maintained, 5-star bed and breakfast presents a unique investment opportunity in the heart of San Saba, Texas. The 3,221 square foot property, built in 1930 and extensively renovated in 2016, boasts five charming guest rooms, each featuring a private en-suite bathroom and kitchenette. The main building, a two-story structure situated on a 0.371-acre lot, includes a downstairs owner's/caretaker's suite, an updated kitchen and dining area, and upstairs suites with a balcony overlooking the mature landscaping. The inn is zoned for commercial and residential use, offering flexibility for future expansion or operational changes. Modern amenities include on-demand water heaters, a whole-house carbon filtration system, two wind generators, upgraded wiring, a radiant barrier, and a sprinkler system. The property also features Astroturf parking and high-speed fiber optic internet access. Currently operating at 25% occupancy, the inn generates a net operating income (NOI) of $25,000, representing a 3.57% cap rate. The asking price is $699,900 ($217.29 per square foot). Located a short drive from Austin, San Antonio, Waco, and the Dallas-Fort Worth metroplex, the inn benefits from proximity to numerous attractions, including shopping, dining, golf, hiking, fishing, the San Saba River, and Colorado Bend State Park. This turnkey operation offers a blend of historic charm and modern conveniences, making it an ideal investment for an owner-user seeking a profitable and fulfilling venture. The property is offered fee simple.
The property is located at 203 Commerce St San Saba, TX.
What is the asking price?
The asking price for this property is $699,900.
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Wana Crouch
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203 Commerce St, San Saba, Texas, 76877
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203 Commerce St, San Saba, Texas, 76877
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203 Commerce St
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