$2,350,000
Active
2 Days Online
0 Beds0 Baths0 SQFT
Active

89 Ololo Ln Fredericksburg, TX 78624

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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. Ololo means "to gather" in Swahili. The cedar tree, illuminated by night, beckons guests to come and gather at this hidden gem that is a perfect investment or a fabulous private retreat for friends and family to enjoy. Make this investment also your destination to rest, reflect and connect. Financials available upon request after client has seen the property.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyGillespie
  • Taxes$3,372
  • HOA/Condo/Coop Fees$0
  • Days on Site2 Days
  • MLS StatusActive
  • MLS ID Number1795683
  • Home Size Source N/A
  • Year Built2020
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Other

Exterior Features

  • Roof Metal

Schools

School District
Fredericksburg
Elementary School
Unknown
Middle School
Unknown
High School
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Monthly Payment (Est.)

$12,231
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