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 20746264
Total Fin. Sqft 3192
Year Built 1999
Annual Tax Amount $2,754
Lot Size 2.690 Acres
Acres 2.69
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
Direction Use GPS - do not visit property without an appointment. Do not knock on tenant doors.
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Laminate
Heat Source Central
Exterior
Utilities Available Co-op Water,Electricity Connected,Master Water Meter
Roof Type Metal
Garage No
Building
Lot Description Acreage,Few Trees
Foundation Slab
Structure Type Brick
Others
Ownership Yotta Investments LLC
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo,Owner/ Agent,Survey Available