120 Bunkhouse Road Stephenville, TX 76401
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