120 Bunkhouse, Stephenville, Texas

$4,450,000
Active
120 Bunkhouse, Stephenville, Texas
120 Bunkhouse, Stephenville, Texas
120 Bunkhouse, Stephenville, Texas
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Property Details

MLS ID: 20601224
Status: Active
Price: $4,450,000
Acres: 6.26±
Type: Apartment, Residential
Address: 120 Bunkhouse
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000075446
Bathrooms: 21
Year Built: 2015

Description

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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Robert Bong

Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong
Capitol Ranch Real Estate, LLC
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Listed By: Jennifer Birkle of Texas Legacy Realty