$4,450,000
( $276.23Per Sq Foot )
 $25,267 forsale estimated payment Sourced by Back At You

120 Bunkhouse Road , Stephenville, TX 76401

Stephenville, TX 76401

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Description

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.

Details

Mls20582453
Listing TypeFor Sale
SubtypeResale
StatusActive
Year2015
Days On Site230
Listing Provided ByTexas Legacy Realty | Jennifer Birkle

Features

Sq Feet16,110
Storys1
Units25
ZoningCommercial
Acreage6.26

Market Activity 76401

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 1 minute ago
StateTX
CountyErath
CityStephenville
Zip Code76401
AreaErath
Listing VS Median (in na)
Price:
$4,450,000
low | high
Med:
$477,450
100% of Average
SqFt:
16,110
low | high
Med:
2,487
100% of Average
$ / SqFt:
$276
low | high
Med:
$194
79.853161063646% of Average
On Site:
230
low | high
Med:
16.500000
100% of Average
Sourced by Back At You
Listing Updated: November 7, 2024 at 2:33:04 PM PST