This is a great multi family income producing property! Located just a few miles from Stephenville and Tarleton State University! This 7 unit multi family property, has plenty of room to expand. There are 4 older single wide mobile homes, which are all currently rented. 4 efficiency cabins, which are also rented. There is one new cabin on the property that has never been hooked up and put into service, it could provide two additional efficiency units. The tenant pay all their own bills to include electric, internet, cable tv and trash. The property is on a water well and septic, so those are provided. There are some nice horse facilities which are not fully occupied which could also bring in additional income. The back part of the property is a blank canvas, and provides tremendous opportunity to expand the operation! Buyer must honor all current leases, I have copies of each one. I also...
This is a great multi family income producing property! Located just a few miles from Stephenville and Tarleton State University! This 7 unit multi family property, has plenty of room to expand. There are 4 older single wide mobile homes, which are all currently rented. 4 efficiency cabins, which are also rented. There is one new cabin on the property that has never been hooked up and put into service, it could provide two additional efficiency units. The tenant pay all their own bills to include electric, internet, cable tv and trash. The property is on a water well and septic, so those are provided. There are some nice horse facilities which are not fully occupied which could also bring in additional income. The back part of the property is a blank canvas, and provides tremendous opportunity to expand the operation! Buyer must honor all current leases, I have copies of each one. I also have an operating expense report for one year and repairs were very minor! Come take a look!
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Research Parcel InformationFrom Stephenville, Head west on US Hwy 377 for about 2 miles, turn left onto CR258 and property will be on the left about two miles down CR258. SOP