MLS# 1795683 - 89 Ololo Ln, Fredericksburg, TX 78624
Courtesy of Phyllis Browning Company, Adrianne Frost (210) 824-7878
Status:
Active
Property Type:
Other: Motel/hotel/mh Prk
Year Built:
2020
Days On Website:
45
Property Details for 89 Ololo Ln, Fredericksburg, TX 78624
Description
Welcome to Ololo, a natural sanctuary just miles from Downtown Fredericksburg, where four beautifully appointed cabins are thoughtfully situated around a magical, giant cedar tree. These income-producing short-term rentals were built in 2020 and have been successful from Day One. Behind the private, gated entrance, visitors find the peace that comes with acreage. Each unit includes a bedroom, bathroom with tile shower, a private hot tub, outdoor shower, and a front porch with seating. Every cabin is unique, eclectically decorated, luxuriously appointed, and all furnishings can convey. Professionally managed by Porch Light Hospitality and ready for turnkey investment, the business includes two maintenance buildings that make housekeeping a breeze. Ololo sits on 6 acres of unrestricted land giving the new owner the ability to add more units, RV slips, or your dream house. Dedicated well and septic. Additional adjacent acreage and a historic 4,100-SF rock house are also available for sale. Just 2.6 miles from the Gillespie County Airport (T82) with a 5,000 ft. long runway. Financials available upon request after client has seen the property.
Open House
Features
Listing
- Listing date: 2024-07-24 05:00:00
- 44 days on market
- 44 cumulative days on market
- $952 per square foot
Location
- County: Gillespie
- Area: 3100
Building
- Built in 2020
- Approximate age: 4
- Building/center name: OLOLO
- Other
- 2,100 square feet
- 6 buildings
Roof
- Metal
Interior Features
- Ceiling height: 10
Property
- Zoning: 0
Schools
- School district: Fredericksburg
Miscellaneous
- Monthly lease: $0
- None
- None
- No
- None
- 4 rentals
- 6 parking spaces
- 4 units
- Other tax: 14.96
Taxes
- Total tax: $3,372
- City tax: $0
- County tax: $890
- $2,468 school tax
- Property Tax ID: 22807
Utilities
- Electricity
- Water
- Septic
- Cable TV
Property Map
Map View
$2,000,000 - 89 Ololo Ln, Fredericksburg, TX 78624
Street View
Directions
89 Ololo Ln
Fredericksburg, TX 78624
County: Gillespie