Property Details

  • Acres:4.80
  • Type:Commercial
  • Address:3139 ST. HWY. 72
  • City:Three Rivers
  • County:Live Oak
  • State:Texas
  • Zip:78071

Property Description

  • +/-5 acres fronting on Hwy. 72 approx. 7 miles west of Three Rivers directly across from Choke Canyon lake
  • 19 rentable houses including the office/managers house
  • Store room
  • 100% leased
  • Selling at a 10% cap rate
  • All stand & seam metal custom wood frame efficiencies furnished with 1 bed, refrig., stove or toaster over, microwave
  • Patio/entertainment area with ice machine and bbq pits
  • Entire area is paved
  • Security system that can be run off your phone from anywhere
  • Washer/dryer room besides the ones in each room
  • Month to month leases and nightly leasing when a unit is vacant
  • Usual renters come from Valero Refinery, oil/gas field, choke canyon fishing/hunting, prison workers.
  • Complex is approx. 6 years old
  • Each unit has it’s own parking
  • Also 4 RV hookups which could be added to on the vacant land
  • Sewer is 2 aerobic systems and water is three rivers city water

Useful Documents

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