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Historic and revitalized motor court with 1940s charm and a great investment opportunity! This original tiny home community was built in 1948 when long-distance traveling became popular due to financial prosperity and the rise in automobile ownership. When the property was left in disrepair, the current owners noticed its quintessential charm and wonderful earning potential and decided to bring it back to life. No detail was spared with this $300,000 renovation including state-of-the-art HVAC via split units, all new plumbing and electrical, and beautiful modern finishes with vintage charm in each cottage. There are four cottages available for nightly rental outfitted with a coffee bar, microwave, refrigerator, smart TVs, high-speed internet, and PostureGel beds (all cottage furniture included!). Each cottage features a designated parking space, a 160 square foot covered patio where you can enjoy the fresh air, a well-designed room for rest and relaxation, gorgeous barn doors that lead to a private bathroom with stenciled porcelain tile flooring, and a walk-in shower with timeless subway tile surround. Move away from the hustle & bustle of the city and into the residence/office that includes a large private bedroom for either you or your resident manager, a welcome area, a dedicated office, a spacious kitchen with stainless steel appliances, and a large laundry room/pantry. 432 square foot outbuilding to store housekeeping supplies or other items. Located less than 1 hour from Abilene and 2.5 - 3 hours from DFW and Austin! Coleman may not stay a well-hidden secret for long, but for now it is a heavenly respite from big city life. Schedule a showing today! Location: Coleman, Texas Year Established: 2017 Number of Employees: 1 Real Estate: Owned Building Sq. Ft.: 1,921 Facilities: Four cottages and one apartment on one acre. All equipment, furniture and fixtures included in sale. Website: https://www.theharbordkourt.com Market Outlook/ Competition: Excellent. Occupancy has been growing and continues to do so since the renovation 2 years ago. Growth & Expansion: More rooms or outdoor amenities could be added.
Listed: Apr 18, 2022
Updated: 2 weeks ago
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