$ 4,450,000
120 Bunkhouse Road Stephenville, TX 76401
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$ 4,450,000
Est. payment /mo
Active
120 Bunkhouse Road Stephenville, TX 76401
16,110 SqFt
UPDATED:
11/07/2024 08:18 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 16,110 sqft
Price per Sqft $276
Subdivision Na
MLS Listing ID 20582453
Total Fin. Sqft 16110
Year Built 2015
Annual Tax Amount $27,491
Lot Size 6.261 Acres
Acres 6.261
Property 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 arena—perfectly 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.
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.
Location
State TX
County Erath
Zoning Commercial
Direction Follow GPS for directions
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Concrete
Heat Source Central
Exterior
Utilities Available Community Mailbox
Roof Type Metal
Parking Type Open, Outside, Parking Lot
Garage No
Building
Foundation Slab
Structure Type Metal Siding,Rock/Stone
Others
Ownership see tax
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Listed by Jennifer Birkle • Texas Legacy Realty