120 Bunkhouse Road Active Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20601224
Full Baths 21
Year Built 2015
Annual Tax Amount $27,491
Lot Size 6.261 Acres
Property Description
Located in the thriving heart of the rodeo scene of Stephenville,and convenient to TSU,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.
Location
State TX
County Erath
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Concrete
Exterior
Exterior Feature Covered Patio/Porch,RV Hookup,RV/Boat Parking,Stable/Barn,Storage
Fence Barbed Wire,Gate,Pipe
Utilities Available Community Mailbox
Roof Type Metal
Building
Lot Description Acreage
Story One
Foundation Slab
Structure Type Metal Siding,Rock/Stone
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd