9464 US Highway 180 W Active Save Request In-Person Tour Request Virtual Tour
Breckenridge,TX 76424
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Oakhill Estates
MLS Listing ID 20833278
Year Built 1999
Annual Tax Amount $2,754
Lot Size 2.690 Acres
Property Sub-Type Hotel/Motel
Property Description
GREAT income potential property. Next to Hubbard Creek Lake. Not utilized to full potential. Room for expansion. 8+RV spots not leased. 3 units leased. 3 not leased for sale. 6x6 storage bldg. Demand is there to increase rents to $650month. Zoned multi family, RV market rental rate is $300month added income potential is $2400month. We have 3 units leased at $550.00. Owner pays for water trash and sewer. Currently owner pays trash $90mo, water $200month.New owner should consider passing utility expenses onto tenants to increase income $3,480.00 per yr. Property unrealized income potential of additional $25,000.00.
Only one block away from the lake.
Location
State TX
County Stephens
Zoning Commercial/ Multi family
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Laminate
Exterior
Utilities Available Co-op Water,Electricity Connected,Master Water Meter
Roof Type Metal
Building
Lot Description Acreage,Few Trees
Foundation Slab
Structure Type Brick
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20833278