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$4,450,000
232 Days On Site

120 Bunkhouse Road
Stephenville, TX 76401

For Sale|Apartment|Active
0
Beds
21
Full Baths
0
Partial Baths
16,110
SqFt
$276
/SqFt
2015
Built
Subdivision:
na
County:
Erath

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(214) 907-5618
120 Bunkhouse Road120 Bunkhouse Road120 Bunkhouse Road120 Bunkhouse Road
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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.

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Listing Snapshot
Price 
$4,450,000
Days On Site 
232 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,110 sqft
Total Baths 
21
Full Baths 
21
Partial Baths 
N/A
Lot Size 
6.261 Acres
Year Built 
2015
MLS® Number 
20601224
Status 
Active
Property Tax 
$27,491
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Acres 
6.261
Foundation 
Slab
Parking 
AsphaltOpenOutsideParking Lot
Parking Spaces 
30
Property Sub Type 
Apartment
Special Circumstances 
Standard
SqFt Total 
16110
Stories 
One
Interior Features
Appliances 
Dishwasher
Cooling 
Ceiling Fan(s)Central Air
Flooring 
Concrete
Heating 
Central
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Exterior Features
Construction Details 
Metal Siding
Exterior 
RV HookupStorage
Fencing 
Barbed WireGatePipe
Roof 
Metal
Community Features
Horse Allowed 
Yes
School District 
Stephenville ISD
Schools
School District
Stephenville ISD
Elementary School
Central
Middle School
Unknown
High School
Stephenvil
Listing courtesy of Jennifer Birkle of Texas Legacy Realty 8173129545



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 02:30 PM CDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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