Montgomery County Tx Bobville, TX 77316
- Specialty properties
- 7.70 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 0 Montgomery County Tx
- Lot size
- 7.70 lot acres
- Property type
- Specialty properties
- Property subtype
- Wedding venues
Description
This exceptional turnkey wedding and event venue, nestled on 7.7 acres in Montgomery County, Texas, presents a lucrative investment opportunity. The property boasts a charming 1,700 sq ft rustic event barn, perfect for weddings and corporate events. Additional structures include a comfortable 2-bedroom, 2-bathroom house and a bridal cottage/studio casita with a full bath and kitchenette, providing ample accommodation. The property is fully equipped with furniture, fixtures, and equipment (FF&E), ensuring immediate operational readiness. With a strong existing client base and significant undeveloped land, this venue offers substantial expansion potential into diverse revenue streams, such as corporate events, retreats, or short-term rentals. The property's prime location on a major traffic artery provides excellent visibility and accessibility. The current net operating income (NOI) is $200,000, yielding a 13.33% cap rate, making this a highly attractive investment with a $1,500,000 asking price. The property includes three buildings and is classified as Class A. It underwent renovations in 2024. This is a 100% ownership opportunity. The property's picturesque setting, including mature trees and a grape vineyard, creates a stunning backdrop for any event. Don't miss this chance to acquire a thriving business with significant growth potential in a rapidly developing area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bobville
- County
- TX
- State
- Texas
- Longitude
- -95.751
- Latitude
- 30.3326
