Improved Land for Sale in Stephenville, Texas
120 Bunkhouse Rd Stephenville, TX 76401
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.
Location
- Street Address
- 120 Bunkhouse Rd
- County
- Erath County
- Elevation
- 1,325 feet
Property details
- MLS Number
- NTREIS 20582453
- Date Posted
Parcels
- R000075446
Legal description
ACRES: 6.261 A0683 SIMS WILLIAM; & APARTMENTS
Resources
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Business
Structure
- Materials
- Metal Siding, Stone
- Roof
- Metal
- Cooling
- Ceiling Fan(s)
- Heating
- Central Furnace
Exterior
- Parking
- Open, Parking Lot
Interior
- Floors
- Concrete
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 18, 2024 | New listing | $4,450,000 | — | NTREIS |