120 Bunkhouse Rd

Stephenville, TX 76401
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21 Full Bath(s)
6.26 Lot Acres
Multi-Family - 5 Plus

Audio narrative

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 marke

MLS#
NTREIS-20601224
List Price
$4,450,000
Listing Status
For Sale
Address
120 Bunkhouse Rd
State
TX
Zip Code
County
Subdivision
na
Legal Description
ACRES: 6.261 A0683 SIMS WILLIAM; & APARTMENTS
Property Type
Multi-Family - 5 Plus
Bath
21 Full Bath(s)
Stories
1
Year Built
2015 /Appraisal District
Lot Size
6.26 Lot Acres/ASSESSOR

Exterior

Roof
Metal
Foundation
Slab
Private Pool
No
Exterior Type
Metal Siding, Rock/Stone
Lot Description
Acreage
Parking
Asphalt, Open, Outside, Parking Lot
Fencing
Barbed Wire, Gate, Pipe
Utility
Community Mailbox
Accessory Unit
Other
Exterior
Covered Patio/Porch, RV/Boat Parking, RV Hookup, Stable/Barn, Storage

Interior

Floors
Concrete
Cooling
Central Air
Heating
Central
Appliances
Dishwasher
Interior
Decorative Lighting

Lot information

Lot Size
6.26 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 18, 2024 at 11:47 PM
Listing last updated May 09, 2024 at 12:18 PM
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120 Bunkhouse Rd, Stephenville, TX 76401. View photos, map, tax, nearby homes for sale, home values, school info...

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