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1956 LOUDON RD
FREDERICKSBURG, TX 78624-4199
Asking Price
$2.70M
Asset Type
Residential Mixed-use
Class
Class B
What's Special
<p><span style="color: rgba(33, 37, 41, 1)">MERIDIAN is a VERY successful short-term rental property (4 cabins plus a laundry room) situated on approximately 6 acres just minutes from town. The property features four private Scandinavian-inspired cabins designed with modern finishes and comfortable living spaces. Each cabin offers its own unique interior while maintaining a cohesive design throughout the property. A spacious on-site laundry room provides convenience for operations and guest turn
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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522
