$4,450,000

6.26± Acres

Active

Erath County, TX

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120 Bunkhouse, Stephenville, Texas

MLS ID: 20601224

Status: Active

Price: $4,450,000

Acres: 6.26±

Type: Apartment, Residential

Address: 120 Bunkhouse

City, State: Stephenville, TX

County: Erath County

ZIP Code: 76401

Lat/Long: 32.229387, -98.172635

Parcel Number: R000075446

Bathrooms: 21

Year Built: 2015

Description

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.

Directions: Follow GPS for directions

Additional Information

Interior

Appliances: Dishwasher

Bathrooms Full: 21

Building Area Total: 16,110

Cooling (Yes/no): Yes

Cooling: Central Air, Ceiling Fans

Flooring: Concrete

Heating (Yes/no): Yes

Heating: Central

Interior Features: Decorative Designer Lighting Fixtures

Exterior

Exterior Features: RVHookup, Storage

Fencing: Barbed Wire, Gate, Pipe

Foundation Details: Slab

Lot Features: Acreage

Lot Size Area: 6

Lot Size Source: Assessor

Lot Size Square Feet: 272,729

Open Parking: Yes

Other Structures: Barns, Stables

Parking Features: Asphalt, Open, Outside, Parking Lot, Boat, RVAccess Parking

Parking Total: 30

Patio and Porch Features: Covered

Roof: Metal

Stories: 1

Financial/HOA/Schools

Elementary School: Central

Elementary School District: Stephenville ISD

Middle School District: Stephenville ISD

High School: Stephenvil

High School District: Stephenville ISD

Subdivision Name: Na

Tax Annual Amount: 27491

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20601224

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 27, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 27, 2024 at 12:00:00 AM UTC

Listed By: Jennifer Birkle of Texas Legacy Realty