2089 Fm 2131, Coleman, Texas

$290,000
Active
2089 Fm 2131, Coleman, Texas
2089 Fm 2131, Coleman, Texas
2089 Fm 2131, Coleman, Texas
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Property Details

MLS ID: 21284690
Status: Active
Price: $290,000
Acres:
Type: Land
Address: 2089 Fm 2131
City, State: Coleman, TX
County: Coleman County
ZIP Code: 76834
Parcel Number: R13387
Year Built: 1930

Description

This is your chance to own a FULLY OCCUPIED, CASH FLOWING 20 campsite RV park for far less than most other similar developments!!! The development is located outside of city limits and sits at the intersection of two highways. Each campsite features 30 & 50 amp service plus 110v outlets. New septic system and city water. The 796 sq ft building on site houses complimentary laundry facilities, but can be built out to include onsite property manager housing, a clubhouse or game room, or any other value add feature. Pictures were taken at 30% occupancy, but the campground is now completely full and is expected to remain at or near 100% occupancy at least through the next FIVE YEARS! Current owner is charging $500 per month per site, but new owners could easily increase rental rates. Great opportunity to live rent free on a cash flowing property... house hacking at its finest!!! Rent roll and disclosures attached to the listing. Copies of rental agreements provided upon request.

Directions: Located at the intersection of FM 2131 and FM 1026 outside Coleman city limits

Andy Flack

Andy Flack

HomeLand Properties, Inc.

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Listed By: Rachelle Cooper of Crest Properties