9464 US Highway 180 W

Breckenridge, TX 76424
$320,000

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.

  • Property Details
      • Stories:1
      • Lot description:Acreage, Few Trees
      • Acres:2.6900
      • Property type:Purchase
      • Year built:1999
      • Foundation:Slab
      • Utility features:Co-op Water, Electricity Connected, Master Water Meter
      • Subdivision:Oakhill Estates
      • County:Stephens
      • MLS #:20746264
      • Cost:320000
      • Property subtype:Business
      • MLS #:20746264

Location

Brenda MancilBrenda Mancil REALTOR®
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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