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9464 US Highway 180 W Breckenridge, TX 76424
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Subdivision Oakhill Estates
MLS Listing ID 21159460
Sold Date 09/18/26
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
Financing Seller Financing
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Bought with Amir Khanmohammed • Competitive Edge Realty LLC
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