Lake Commercial For Sale
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
- Beds: 0
- Baths: 0.0
- Year Built: 1999
- Location: Hubbard Creek Lake
- Acres: 2.690
- County: Stephens County
- Community: Oakhill Estates
- Heat/AC: Central Furnace
- Garage: Carport
- Siding: Brick
- Roof: Metal
- MLS #: 20833278
Location
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Contact Information:
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Listing Agent: Iqbal Khanmohammed, Competitive Edge Realty LLC, 972-200-3685, 972-231-4663 Listing Site, Listing Status: Active
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 5764452 |
| Viewed: | 17 times |
| Added: | Feb 05, 2025 |
| Updated on: | Feb 05, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
