Active
120 Bunkhouse
Stephenville TX, 76401
$4,450,000
$276.23 per sqft
Active
16,110 sqft
Commercial
Built in 2015
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.
20582453
MLSⓇ ID
May 5, 2024
Updated
Map
120 Bunkhouse
Stephenville TX, 76401
Interior Features
Total Stories
1
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
6.26 Acres
Roof
Metal
Other Property Details
Taxes
$27,491
Tax Frequency
Annually
Days on Market
19
Garage
No
Parking
Open, Outside, Parking Lot
View
No
County
Erath
Pool
No
Buyer Agency Compensation
3%
Listed by Jennifer Birkle with Texas Legacy Realty
Listing Contact: 817-312-9545
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 5/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/5/2024 at 12:38 AM UTC