89 ololo ln

fredericksburg, TX 78624

89 ololo ln

fredericksburg, TX 78624

$1950000

10
5 months, 2 days, 2 minutes on market
StatusActive
Year Built2020
CountyGillespie
Flooring
Lot Size0
Parking
Total Stories
Cooling
School District fredericksburg
Schools
Fireplace
Property Type other: motel/hotel/mh prk

Property Details

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.




Courtesy of Phyllis Browning Company

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