The Mariposa B&B, 4% BBC, 25% 2nd, Reduced

Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996 Agricultural Property For Sale           The Mariposa B&B, 4% BBC, 25% 2nd, Reduced           701 FM 390 RD E (the "La Bahia Trail"), Brenham, TX 77833 Price: $1,220,818 Lot Size: 21.60 - 80.89 AC Property Type: Agricultural Property Sub-type: Pasture/Ranch Tax ID / APN #: Part of R11633, R11659, R58030 & R58031 Zoning Description: None known Features: Electricity/Power Water Telephone Gas/Propane Last Verified 9/28/2010 Listing ID 16671784 1 Lot Available                        Lot 1                                              Price: $1,220,818     Lot Size: 21.60 AC     Price/AC: $56,519.35     Lot Type: Pasture/Ranch     Min. Divisible: 21.60 AC     Max. Contiguous: 80.89 AC     Commission Split: 4%                Map of 701 FM 390 RD E (the "La Bahia Trail"), Brenham, TX 77833 (Washington County) Find out more about 701 FM 390 RD E (the "La Bahia Trail"), Brenham                                    Highlights                                                                   REDUCED $91K+, POTENTIAL 25% OWNER 2ND & 4% BBC! One of the most important and prestigious properties in the Houston Hamptons located on the historic La Bahia Trail Stunning views and a successful B&B in operation to offset many ownership expenses currently generating about $170K in annual revenues Mariposa has some of the best views on the La Bahia Trail or anywhere in the Houston Hamptons Reviewed and received acclaims from Southern Living, D Magazine and many other high end publications. Offering includes the 20+ acres, all furnishings other than specific exclusions, the operating Bed & Breakfast business & a non-compete         Description Coldwell Banker Commercial Southwest Partners has been retained as the exclusive advisor for a once in a life-time opportunity to own a foundational property on the prestigious and historic La Bahia Trail, the Mariposa Bed & Breakfast (B&B). The Mariposa B&B is internationally recognized with positive reviews by Southern Living Magazine and D Magazine! The La Bahia Trail (FM 390 Road) is considered the most prestigious address in the Houston Hamptons! The offering is turn-key with most furnishings, soft goods, and personal effects conveying with the real estate. Mariposa is available in three distinct offerings: (1) MARIPOSA Ranch & B&B REDUCED to $1,988,002. 80.89 acres with 1,580'  FM 390 frontage. 2nd loan of $497,001 with $2,980 P&I*. (2) MARIPOSA B&B REDUCED to $1,220,818. 21.60 acres with all improvements with 202'  FM 390 frontage. 2nd loan of $305,205 with $1,830 P&I*. (3) The MARIPOSA Ranch REDUCED to $789,673. 59.29 acres with 1,378'  FM 390 frontage. 2nd loan of $197,418 with $1,184 P&I*. (1) Vibrant Washington County 2010 economy estimated at $1B+. (2) Demographics and econometrics of Washington County are compelling even compared to the 7 largest Counties in Texas with highest %: (a) single family detached residences (b) owner occupied homes (c) annual % growth in after tax household incomes (d) annual % growth in household incomes (e) annual % growth in $100K households (f) annual % growth in $150K households (g) annual % growth in $250K households (3) Demographics and econometrics of the La Bahia Trail and Mariposa are unmatched in Washington County with highest %: (a) bachelor' s, master' s, Ph.D.' s and professional degrees (b) Married and living together (c) % employees in the private sector and in white collar jobs (d) 2009 home values including homes valued $750K+ (e) % households with annual incomes of $75K and higher                                    Debt & Equity Information                                                                                                         Debt Type Proposed  Loan Amount $305,205  Interest Rate 6%  Amortized Over 30  Due In 5  Annual Debt Service $21,958  Loan Description                                              DOQ & other factors, the owner may provide a 25% 2nd loan at 6% interest. All calculations based on Bank Rate Monitor on-line calculators.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Additional Photos        Day view of Main House                  1850's cabin                                               Outdoor areas                  All of Mariposa topo                                               View west                  Relaxing at Mariposa                                               Guest bedroom                  Mariposa B&B satellite                                               The Homestead                  Lake Chamberlain                                               Cowboy Cabin                  Mariposa B&B topo                                               Historic property artifacts                  Circular front drive                                               Davy Crockett Suite                  Historic bath with modern amenities                                               Mariposa Ranch satellite                  Wedding party                                               Another guest bedroom                  Mariposa Ranch topo                                               William B. Travis Suite                  The Wagon is loaded and ready!                                               The Homestead bedrooms                  Main House Guest Room                                               1, 3 & 5-mi radius map                  Dining Room                                               Relaxing at the Main House                  The Texas Cowboy Cabin                                               Master Bedroom in Main House                  Proximity to Austin                                               Another guest bedroom                  Elegant dining                                               Guard duty?                  Two of many fireplaces                                               Another dining room                  Proximity to Houston                                               Chapel close-up                  Fern Oaks Cottage                                               Guest bath                  Regional map                                               View north                  Chapel views                                               Another guest bath                  La Bahia Trail map                                               B&B Dining Room                  Ranch Hand Cottage                                               Area map                  Main                                          Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996 The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.     LoopNet Commercial Real Estate CJ6DL9M