The Yurtopian at Dripping Springs
Dripping Springs, TX
Offered at $6,750,000
The Yurtopian at Dripping Springs is a popular and profitable glamping experience property located 12 miles minutes north of downtown Dripping Springs and 30 miles west of central Austin. The property features a small lodge, event space and 10 authentic Mongolian yurts with private decks, hot tubs, and kitchens, each placed in a secluded portion of the 46 acre property. The investment boasts high year round occupancy, some of the highest ADR in the region and approximately 25 acres of expansion land to add additional accommodation units or new amenities. Numerous, local and national travel and lifestyle media outlets have featured the property over the last 12 months. Ownership is willing to stay in a management role, if desired.
- Location is ideally situated in picturesque Hill Country between Austin and Fredericksburg
- Ability to expand and more than double total accommodation units
- Scenic wet-weather creek running through property and hilly topography
- Recently built lodge & event space can host small corporate or wedding groups
- Incredible branding and market presence in the glamping space
- 95% direct bookings and adults only
- Option to assume current debt with existing lender
- All units offer equal guest experience, same accommodations and amenities
