120 Bunkhouse Road, Stephenville

$4,450,000

0 Beds
21 Baths
0 Sqft
6.26 Acres
0 Garages

Located in the thriving heart of the rodeo scene of Stephenville,and convenient to TSU,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.

Essential Information
MLS® #20601224
Price$4,450,000
Bathrooms21.00
Full Baths21
Acres6.26
Year Built2015
TypeResidential Income
Sub-TypeApartment
StatusActive
Community Information
Address120 Bunkhouse Road
Subdivisionna
CityStephenville
CountyErath
StateTX
Zip Code76401-4653
Amenities
UtilitiesCommunity Mailbox
Parking Spaces30
Garages

Open, Outside, Parking Lot, Asphalt

Interior
Interior FeaturesDecorative Lighting
HeatingCentral
Exterior
Lot DescriptionAcreage
RoofMetal
ConstructionMetal Siding, Rock/Stone
FoundationSlab
Exterior Features

Covered Porch(es), Storage, RV/Boat Parking, RV Hookup, Stable/Barn

School Information
DistrictStephenville ISD
ElementaryCentral
HighStephenvil
Listing Details
AgentJennifer Birkle
OfficeTexas Legacy Realty

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Listing information last updated on November 24th, 2024 at 11:00pm CST.

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