917 Texas 46 Hwy

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917 Texas 46 Hwy

Boerne, TX 78006
Asking Price
$8.38M
Asset Type
Restaurant Retail
Class
Class B

What's Special

Bergheim- Main Texas Intersection East of Boerne <ul><li>​HWY 46 frontage/ Voss Pkwy Entrance and interior Road access</li><li>​Water Provided by Kingdom Oaks at Bergheim Water System</li><li>​Subdivision allowed of this tract.</li><li>​Kendall County (No City permitting or Zoning requirements )</li><li>​NO Tree ordinance in place for Kendall County</li><li>​Soaring Traffic counts.</li><li>​Close to Hwy 3351 and Hwy 46</li><li>​Commercial Hub for Cordillera Ranch and located between Boerne and Bulverde.</li></ul>

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NOI
$80,000
Cap Rate
0.96%
DSCR
0.16
Underwater
Cash-on-Cash
-16.61%
Monthly Payment
$41,434.93
Annual Cash Flow
$-417,219.165

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