Breckenridge, TX 76424,9464 US Highway 180 W
Breckenridge, TX 76424,9464 US Highway 180 W
Breckenridge, TX 76424,9464 US Highway 180 W
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David Sheehan

David Sheehan

REFLECT Real Estate

+1(214) 923-5897
$393,600
Est. payment /mo
1 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision Oakhill Estates

MLS Listing ID 21159460

Total Fin. Sqft 3192

Year Built 1999

Annual Tax Amount $2,754

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 2.69

Property Sub-Type Hotel/Motel

Property Description

GREAT income potential property. Next to Hubbard Creek Lake. Not utilized to full potential. Room for expansion. 10+RV spots not leased. All units are fully remodeled, new appliances, new flooring, new fresh paint with all units leased. Demand is there to increase rents. Zoned multi family, RV market rental rate is $500 month added income potential is $5000 month. Currently owner pays trash $90mo, water $200month.New owner should consider passing utility expenses onto tenants to increase income. Currently monthly rental collections is $4,100 when 100% leased. Property unrealized income potential from RV park is $5,000.00 monthly.
Only one block away from the lake.

Location

State TX

County Stephens

Zoning Commercial/ Multi family

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

Accessibility Accessible Bath - Full, Accessible Bedroom, Accessible Doors

Garage No

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/21159460

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Listed by Amir Khanmohammed • Competitive Edge Realty LLC

NEARBY SCHOOL & BUSINESS

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Reflect Real Estate

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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