Quite the opportunity! Located in the thriving heart of Stephenville, known for its dynamic rodeo scene and vibrant college life, 120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arenaperfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream. These amenities not only enhance the property’s appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.
Mls | 20582453 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2015 |
Days On Site | 230 |
Listing Provided By | Texas Legacy Realty | Jennifer Birkle |
Sq Feet | 16,110 |
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Storys | 1 |
Units | 25 |
Zoning | Commercial |
Acreage | 6.26 |
State | TX |
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County | Erath |
City | Stephenville |
Zip Code | 76401 |
Area | Erath |
Listing VS Median (in na) | |
Price: $4,450,000 low | high Med: $477,450 SqFt: 16,110 low | high Med: 2,487 $ / SqFt: $276 low | high Med: $194 On Site: 230 low | high Med: 16.500000 |