6813 E State Hwy 114, Lubbock, TX 79407

$179,900
150
SqFt

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List Price
$179,900
MLS#
202602018
Status
ACTIVE
Type
Commercial
Living Area
150
Lot Size
43,560
County
Hockley
City
Lubbock
Legal Description
Pheasant Acres, Block 1, Lot 2, Acres 1.000

Property Description

Unlock the potential in this RV Park just west of Lubbock TX. 12 full hook-ups. Each metered site provides 30 and 50 amps, water, and septic. Four sites include covered picnic areas/shade. Laundry room, showers, and bathrooms, with A/C and heat, are on site for tenants/guests, as well as space for vending. Two septic tanks. Great opportunity for a 10% cap rate. This property offers hassle-free ownership with utilities already in place and is ready for income maximization. Minimal management required means more time to focus on your ROI. Monthly income potential is $4200+. Seller will consider a trade.

Additional Information

Taxes
$482
Foundation
Other
School District
Smyer ISD
Elementary School
Smyer
Middle School
Smyer
High School
Smyer

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Calculator source: Real Geeks

Listing courtesy of Michelle Kauffman Real Estate.