Income Producing Horse Facility/Apartment Complex | Stephenville, Erath County, Texas | HorseProperties.net
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$2,500,000

Income Producing Horse Facility/Apartment Complex

Stephenville , Erath County , Texas

6.11
ACRES
18
BEDROOMS
10
BATH
6098
SQ FT
uncovered arena • fenced • 2 barns with 20 stalls • 20 Run-in stalls

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.


Details

Home Features

  • This fully occupied property features 10 apartments, 8 RV hookups

Lot Features

  • 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.

Distances


Information deemed reliable, but not guaranteed. Buyer to verify all information


Location

8441 Co Rd 176, Stephenville, Erath County, Texas

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