12064 PR 37, Lakehills, TX 78063

Seller Finance Option Terms (firm): $60K down payment, 2-Year Seller Carry, 12% Interest

Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers a 33+% pro-forma cap rate (solely from rental income) and flexible options to lease a minimum of 6 spaces or combine as a tenant and owner-user mix.

Spanning 7 lots, the property features a mixed-use building, a covered detached patio with an adjacent structure (possible food stand QSR, retail, outdoor service concept), 8+ RV or tiny home pads with full hookups, and company and/or customer parking.

The mixed use building is one of a kind as a 1950s Spartan Mansion is seamlessly integrated into the building, creating a distinctive setting for retail, office, or lodging use. Significant updates to the building and grounds, including utilities, aesthetics, and site improvements make this a turnkey opportunity for long-term leases or short-term rentals. Water, sewer, and electricity are already on-site.

With easy access to the new H-E-B grocer at Hwy 211/Culebra Rd, Alamo Ranch, Helotes, Bandera, and Medina Lake, plus ample parking and natural shade from mature oaks and cedars, this versatile property is full of potential. Schedule your tour today!