7367 River Rd New Braunfels, TX 78132
- Commercial real estate
- 0.16 lot acres
Current Use by Public Records
- Oak Hill River Inn / Cabin Rental Agency / Indoor Lodging
Property Details for 7367 River Rd
- Year built
- 2006
- Lot size
- 0.16 lot acres
- Property type
- Commercial real estate
- APN
- 73-0409-0033-00
- APU
- 730409003300
Description
This exceptional investment opportunity encompasses a thriving hospitality portfolio in New Braunfels, Texas, situated on 10 lots along the scenic River Road. The property includes the renowned Lone Star Float House, a vibrant restaurant and bar with integrated tube rental and shuttle operations, situated on five waterfront lots. This section also features one overnight rental home and two RV overnight rental spaces. Across the street, five additional lots house the Oak Hill River Inn, comprising four additional overnight rental units and an owner's residence. The combined properties offer a diverse range of revenue streams, catering to both short-term and long-term guests. The total square footage across all buildings ranges from 500 to 2,600 square feet, distributed across eight buildings. The convenient location near New Braunfels and Canyon Lake ensures high visibility and accessibility for tourists and locals alike. This established business is perfectly positioned to capitalize on the robust summer tourism season and offers significant potential for growth and expansion. The property's riverfront location provides unparalleled scenic views and recreational opportunities, enhancing its appeal to a wide range of clientele. This turnkey operation presents a rare chance to acquire a well-established and profitable hospitality business with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.1522
- Latitude
- 29.7853
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
