9464 US Highway 180 W Active

Breckenridge,TX 76424

$ 320000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Oakhill Estates

MLS Listing ID 20746264

Year Built 1999

Annual Tax Amount $2,754

Lot Size 2.690 Acres

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

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

Special Listing Condition Aerial Photo,Owner/ Agent,Survey Available

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