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28211048
28211056

18086 Pleasanton Rd, San Antonio, TX 78221

MH
TX 478393
Kingdom Realty & Investments LLC
Listed by Kingdom Realty & Investments LLC
$1,790,000
589 days on market
Updated 31 days ago
Opportunity zone

RJ Music Pavillion

Details
Property Type Mixed Use, Retail (+1)
Sub Type Bar, Entertainment (+1)
Square Footage 3,220
Units 6
NOI $500,000
Occupancy 100%
Tenancy Single
Broker Co-Op Yes
Year Built 2010
Buildings 5
Stories 1
Acreage 4.916
Zoning None
Investment Type Owner/User
Ceiling Height 10ft
Ownership fee simple

Large entertainment venue close to Texas A&M University-San Antonio and San Antonio Toyota Plant

Marketing description

RJ Music Pavilion, is an Entertainment Venue, located in the Fast-Growing area in San Antonio.

Within minutes from Downtown, Texas A& M San Antonio, Palo Alto, Toyota Plant, Lots of New Communities, as well as some huge developments.

Located off Pleasanton Road and sits on Almost 5AC with a capacity of 400 cars(per SAFD) and can hold up to 5,200 people with plenty of parking space. This Entertainment venue has hosted many concerts, major festivals, wedding receptions, parties, the Cowboy Breakfast, and so much more throughout the years.

Indoor & Covered Bar Area is 3,220sqft, fully furnished & functional with tables, bar stools, pool tables, darts, DJ booth, jukebox, separate his/ her restrooms.

Outdoor offers a large Stage overlooking a vast dancefloor, lots of space (over 20,000SF of concrete) for outdoor seating, and multiple service stations, an enclosed VIP area with small stage. In additional there is a covered pavilion, 7500SF, with a bar (3 service stations), Jukebox, small storage area, and his & her separate restrooms. Behind the pavilion, there is a small playground & Batting cages, Cross-fenced with a Storage Shed that is over 2000SF. There is a back entrance for bands and Outlets for RV/Bands. In the back portion of the property, there is an income producing rent house that will convey. Water Well, 36 Septic Domes, and the list goes on.

This well-known venue in San Antonio has hosted the Big Red & Barbacoa Festival from 2013- 2018, with up to 15,000 in attendance, along with some of the Top Country and Tejano bands in the industry. Recently Rj’s hosted a Fight Night and the place was overflowing!

RJ Music Pavilion is not limited to Bar, Concerts, and Hosting Festivals or Misc. Events, due to its size and location, this venue has diverse potential to transform into an oversized Sports complex, Wedding Venue, or a Spot for Rodeos with plenty of space to build an arena.


Investment highlights

Live Music Venue with even more potential on 4.9160 AC.

Immaculate Upkeep and Fully Functional.

3,220sq enclosed bar area w/ dance floor & restrooms.

The outdoor pavilion offers outdoor covered seating with an additional dance floor, restrooms, storage, with two other outdoor bars.

Almost 2 acres of outdoor entertainment with 2+ acres of parking 400 cars with a full capacity of attendence of 5,200 people(per fire department)

Playground, batting cages, shortage shed, and more on property.

Incoming producing rent house on the property.

RJ Music Pavillion is the gathering place for all the hot country musicians. Also used for Wedding venues, sports tournaments. The possibilities are endless!

This venue that is well known in San Antonio and surrounding counties have so much opportunity for expansion.

Listing Contacts

MH
TX 478393
Kingdom Realty & Investments LLC
Listed by Kingdom Realty & Investments LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$500,000.00
$41,666.67/mo

Valuation Metrics

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DSCR
27.93%
Cap Rate
27.93%
ROI

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Additional Information

Name
Melissa J Hartman
License
9013251
Brokerage
Kingdom Realty & Investments LLC
Title
Broker of Record
Brokerage Address
P.O. Box 727
Name
Melissa Hartman
License
478393
Brokerage
Kingdom Realty & Investments LLC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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