2089 Fm 2131, Coleman, Texas

$290,000

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2.00

Acres

About 2089 Fm 2131

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.

Features of 2089 Fm 2131

MLS® # 21284690
Price $290,000
Acres 2.00
Year Built 1930
Type Land
Sub-Type Improved Land
Status Pending

Community Information

Address 2089 Fm 2131
Subdivision A0683 WM WOOLSEY SUR 294
City Coleman
County Coleman
State Texas
Zip Code 76834-7905

Amenities

Utilities Aerobic Septic
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Acreage, Corner Lot

School Information

District Panther Creek Cons ISD
Elementary Panther Creek
Middle Panther Creek
High Panther Creek

Additional Information

Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentRachelle Cooper
OfficeCrest Properties

Listing Map

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