5,006 Square Foot Hotel/Lodging Space For Sale @ 140 Banister

140 Banister, Canyon Lake, TX 78133

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Scott F.

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Still Water Ranch Condominiums, located 3 miles north of Canyon Lake Dam, offers multiple hospitality opportunities presently and in the future. It's ideal for a buyer who wants to continue the current operation or add additional condos to expand the income potential. There is also enough land included to develop boat and RV storage or other business opportunities.

Offers 4 two-bedroom Condo's completely furnished with fully equipped kitchens, stainless steel appliances, one king size bed plus a combination of Queen and/or bunk beds for the kids, sleeping up to eight. Each condo has an upstairs private balcony with gorgeous views of the lake and hill country. Bathrooms have large tile walk-in showers, and large vanities. Each unit is equipped with high speed internet and multiple flat screen TV's. This 4 Unit Condo sits on 2.64 acres that has a sand volleyball court, concrete basketball court, outdoor fireplace, outdoor pavilion w/ kitchen, rock patio under the oaks and more land to add additional improvements.

Sales Info:
■ Commision split: 3.0%

Location Description:
From IH 35 Go West on FM 306, Go approx 1.45 miles past South Access Rd by Canyon Lake Dam, turn left on Jacobs Creek Park Rd, then immediately turn right onto Old Hancock Rd and Still Water Ranch Condos will be on you right.

Highlights:
■ 2.64 Acre Tract with Room for Additional Improvements
■ Commercial Septic System Has Capacity for Additional Condominium
■ Billboard Lease for Additional Income
■ Public Park and Boat Ramp Located Across the Street
■ Updated Condo Units with Sunset Views of Canyon Lake
■ Short-Term Rental Units

Pricing: $935,000

Availability: Now

Listing ID: 707575


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Sale Price: $935,000

Size: 5,006 square feet

Type: Hotel/Lodging Space

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