$4,450,000
Active
14 Days Online
0 Beds21 Baths16,110 SQFT
Active

120 Bunkhouse Road Stephenville, TX 76401

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyErath
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID Number20601224
  • Home Size Source Other
  • Year Built2015
  • Lot Size6.261 Acres
  • Full Baths21
  • Partial BathsN/A

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General Features

  • Construction Metal SidingStone
  • Parking AsphaltOpenOutsideParking Lot
  • Number of Stories 1
  • Acreage 6.261
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Attached Garage No
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling Ceiling Fan(s)Central Air
  • Heating Central
  • Appliances Dishwasher
  • Flooring Concrete
  • Interior Decorative Lighting
  • Fireplaces 0

Exterior Features

  • Roof Metal
  • Fencing Barbed WireGatePipe
  • Waterfront Property No
  • Exterior Covered Patio/ PorchR V HookupR V/ Boat ParkingStable/ BarnStorage
  • Lot Acreage

Schools

School District
Unknown
Elementary School
Central
Middle School
Gilbert
High School
Stephenvil

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Monthly Payment (Est.)

$23,733
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