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100% Occupied Horse/student Apartment Complex | Cowboy Capitol, Texas

United States /Texas, 8441 County Road 176, 76401, 6.11

Listing ID :

80097135

MLS ID :

1250160

Acres :

6.11 Acres
$2,500,000

View Agent's Properties and Profile:

Bailey Groves

Contact Seller

Property Description

Prime investment opportunity in Stephenville, the Cowboy Capital of the World! This fully occupied property features 10 apartments, 8 RV hookups, 20 horse stalls with runs, 15 covered pens, and 4 large traps. The standout feature is a roping arena, offering a unique bonus for tenants. Situated just across from the popular 377 Arena, this property boasts excellent exposure to the thriving local equine community. With the largest incoming class at Tarleton State University in 2024 fueling a housing shortage, there's significant potential to raise rents on both the apartments and equine facilities. Don’t miss this chance to invest in a property with built-in demand and future growth opportunities.

Basic Details

Property Types:

Acreage, Commercial Acreage, Equestrian Property, Rural Business, Agriculture Business

Listing Type:

For Sale

Listing ID:

80097135

Price:

$2,500,000

Acres:

6.11 Acres

Features:

Corrals, Arena, Hwy-County Rd Frontage, Home, Barn, Equine Facilities

Address Map

Country:

United States

State:

Texas

County:

Erath

City:

Stephenville

Street Address:

8441 County Road 176