2520 E Highway 199Springtown, TX 76082

Description

Value-Add RV Park & Storage Facility on approximately 9.885 acres with 415' prime highway frontage & exceptional income-producing potential. This unique commercial property features 34 RV sites with 33 individual electric meters, including 9 covered spaces. Covered RV sites have historically rented for approximately 270.00-month & uncovered sites for approximately 220.00-month. The property also includes approximately 99 storage containers currently utilized as individual storage rentals, with rental rates historically ranging from 70.00-99.00-month. Additional site improvements include piped top-rail fencing along the highway frontage, gated entry, asphalt drive throughout much of the property, and full perimeter fencing. Improvements include a 37x21 office building with 1.5 baths and multiple office spaces, propane tank, attached 82x29 warehouse, and an additional 41x41 concrete slab with metal framework already in place for future expansion. Two additional metal buildings measure approximately 80x25 each and are situated on concrete slabs. Residential improvements include a 2010 doublewide manufactured home measuring approximately 32x58 with a 10-foot concrete porch surround, ramp entrance, and two 10x10 carports; a 48x15 single-wide manufactured home with 10x19 carport; a red frame home near the entrance measuring approximately 45x27 on pier-and-beam foundation; and an additional white frame home located at the front of the property. According to the seller, the property is served by approximately 16 septic systems & 3 water wells. The current owner has begun winding down operations and is not accepting new tenants, creating an excellent opportunity for a new owner to reposition, improve, and maximize the property's income potential. Significant room for future expansion exists on the unused acreage located toward the rear of the property. Property is being sold AS-IS. Buyer to independently verify all information, measurements, utilities, and capacity.

Property Information

Property type

Commercial Sale

Sub-type

Warehouse

Year built

2010

Stories

1

Building area

7,325 Sq Ft

Lot size

9.88 acres

Days on market

87

MLS^® Listing#

21326724

Property Features

Cooling

Ceiling Fan(s) · Electric · Wall Unit(s) · Wall/Window Unit(s) · Window Unit(s)

Heating

Electric

Flooring

Ceramic Tile · Concrete · Other · See Remarks

Parking

Additional Parking · Asphalt · Carport · Circular Driveway · Detached Carport · Driveway · Gravel · RV Access/Parking · Shared Driveway

Lot features

Cleared · Level · Many Trees

Construction

Wood Siding · Metal Siding · Aluminum Siding · Board & Batten Siding · Stone

Foundation

Pillar/Post/Pier · Slab

Roof

Composition · Metal · Shingle · Other

Security

Security Gate · Security Lights · Security System · Security System Owned

Utilities

Electricity Available · Electricity Connected · Propane

Sewer

Septic Tank

Water source

Well

Financial Details

Annual taxes

$11,248

Parcel number

R000055660

Directions

FROM THE INTERSECTION OF HIGHWAY 199 & FM 51, EAST ON HIGHWAY 199 TOWARDS AZLE FOR 3.2 MILES, YOU WILL SEE THE RV SIGN ON YOUR RIGHT.