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.
Property Type :
Residential Income
Subdivision :
Heritage Creekside West
County :
Erath
Style :
Residential Income
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ByOwner last updated this listing 05/20/2024 @ 15:57
MLS: 438914428
LISTED BY: Jennifer Birkle, Texas Legacy Realty
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
