$4,450,000
For Sale

120 Bunkhouse Road

Stephenville, TX 76401
21 baths | 6.26 acres | #20601224
Browse 40 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

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.

  • Interior Details
      • InteriorDecorative Lighting
    • Beds & Baths
      • Bathrooms21
      • Full Baths21
  • Property Details
      • Exterior MaterialsCovered Patio/Porch, RV Hookup, RV/Boat Parking, Stable/Barn, Storage
      • Lot DescriptionAcreage
    • Measurements
      • Acres6.2610
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built2015
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCommunity Mailbox
  • Community and Neighborhood Details
      • Subdivisionna
    • Location
      • School DistrictStephenville ISD
      • Elementary SchoolCentral
      • CountyErath
  • Other
      • MLS #20601224

Location

Lucy CervantesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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