$393,600
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9464 US Highway 180 W Breckenridge, TX 76424
3,192 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 3,192 sqft
Price per Sqft $123
Subdivision Oakhill Estates
MLS Listing ID 21159460
Sold Date 09/18/26
Construction Status Resale
HOA Y/N No
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 Central Air, Ceiling Fan(s), Electric
Flooring Laminate
Fireplace No
Exterior
Parking Features Additional Parking, Carport
Utilities Available Electricity Connected, Water Available
Water Access Desc Community/Coop
Roof Type Metal
Accessibility Accessible Full Bath, Accessible Bedroom, Accessible Doors
Road Frontage County Road, Farm to Market Road
Private Pool No
Building
Lot Description Acreage, Few Trees
Story 1
Foundation Slab
Water Community/Coop
Construction Status Resale
Others
Tax ID R17693
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Seller Financing
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