The Domes
This unique investment property in Brenham, Texas is being offered for sale for the first time. It is a dome community located on 10 acres, just outside of the city of Brenham. If you are looking for a turnkey investment with more potential in the future, this is the place.
Key details:
* Current adjusted NOI of $252,000 (financials available upon request)
* Offered at a 7.5% cap rate
* Historically, 99% occupancy rate
* Community water
* Incredible Landscaping (check out the pictures)
* Domes built on 4 acres only. 3 acres for septic, 3 acres reserved for future septic needs if any.
* Location just outside of city offers high potential for eventual sewer hook up. This would allow for more units to be built.
* Offering includes website, client wait list, furniture, and much more. Turn key business with nothing else needed.
* Manager of 5 years in place, groundskeeper as well.
* Curre...
* Currently rented at $155/week.
* These are rented out as a hotel (by the week) instead of an apartment. Key difference allows for much lower vacancy rate.
These units are all rented out. Please do not drive on the property. Showings must be scheduled 48 hours in advance. Additional information and financials can be provided on request.
Call Brad Bevers at 936.443.6888 for additional details or to set up a showing.
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