This 5.33-acre commercial property offers a prime investment opportunity just outside Bastrop city limits. Located directly on Highway 71, the site includes a 6-plex, 10 anchored modular homes, 10 RVs, and 3 RV spaces. Tenants handle their own utility expenses, billed monthly. On-site maintenance is managed by a resident couple in exchange for RV rent, utilities, and a monthly stipend. Neighboring commercial developments and high-traffic visibility make this property an ideal choice for potential billboard and food truck income. Rents are below market, with a 15-20% increase feasible as well as potential for billboards and food trucks. Positioned near gas stations, retail, and the rapidly developing growth, this property presents substantial growth and income potential. Do not disturb tenants. Please reach out for more details.
MLS# | 6672597 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1995 |
Days On Site | 7 |
Listing Provided By | Keller Williams Realty | Kasey Jorgenson |
SQ Feet | 19,800 |
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Building(s) | 29 |
Acreage | 5.33 |
Water Front | Yes |
State | TX |
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County | Bastrop |
City | Bastrop |
Zip Code | 78602 |
Area | BA |
Community Name | Synergy Centre |
Listing VS Median (in Synergy Centre) | |
Price: $4,250,000 low | high Med: $4,250,000 SqFt: 19,800 low | high Med: 19,800 $ / SqFt: $215 low | high Med: $215 On Site: 7 low | high Med: 7.000000 |