RV Park/Campground Details
- Cap Rate: 10.0%
- Listing ID: 72409
- Posted On: Jun 7, 2011
- Updated On: Aug 7, 2013
Description
1495 S. U.S. Hwy 281
Stephenville, Texas 76401
Spaces: 14 spaces, 5 cabins
Price: $729,500.00
Cap Rate: 10
Occupancy: 90%
Nice 14 space R.V. Park, 5 cabins, and a 2100 sq ft log cabin. Includes horse facilities. 11 stall barn, 3 nicely covered stallion stalls, and 6 uncovered portable stalls. On approx 20 acres, with two ponds, plenty of fish, and lots of room to ride. Located in a college town, and the "Cowboy Capital" of the world. Lots of horse related events. Property sits on U.S. Hwy 281.
Also available are 2 rental properties. Both are newer Double wide mobile homes. 3/2, all electric. Both properties are currently rented out. one sits on 2.4 acres, fenced in, with a private well and septic. It rents for $850. monthly. The other sits on one acre, community well, and private septic. This unit has had the same renter since 4/08. They pay $750. monthly. Both homes are very clean. Can be added to the package for $120,000 Or $69,000 for the first. Or $60,000 for the second.
Park Information
Number of RV Lots: | 14 |