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$1,500,000

NAL Estimated Property Value

89 Ololo Ln, Fredericksburg, TX, 78624

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About this property

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 & seclusion. 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 Heavenly Host and ready for turnkey investment, the business includes two maintenance buildings that make housekeeping & management a breeze. Ololo sits on 6 acres of unrestricted land giving the new owner the ability to add more cabins, RV slips, sports court and other amenities or your dream house. Dedicated well and septic. Additional adjacent acreage and a historic 4,100-SF Pioneer 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 re https://www.stayatololo.com/

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$1,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,500,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
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Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Fredericksburg

89 Ololo Ln | Property Details | No Agent List