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$279,000 For Sale

300 Farm Road 3505
Sulphur Springs, TX 75482

7 units |

lot: 5.97 acres
Commercial: Sale - MLS# 13931466
Property Photo
1/22

Description

**Located just a mile from the entrance to Cooper Lake State Park!** This is your chance to own an income producing property! Fifteen storage units stay rented year round. Old store has been converted into three separate apartments. There is a 2 BR, 1 BA, an efficiency, and a 1 BR, 1BA. All have long term renters already in them! There are also currently 3 manufactured homes and a travel trailer that are also all rented. There is plenty of room to add more manufactured housing and build additional storage units. Should you ever want to re-open the store, the cooler, industrial vent-a-hood, and plumbing is all there still.

Features

  • Area: HOPKINS COUNTY (45), HOPKINS COUNTY (1)
  • Building Area Source: Tax
  • Building Use: Other, Storage Warehouse
  • Ceiling Height: 8 To10 Feet
  • Commercial Features: Living Areas, Multi-User, Security Lighting
  • Construction Materials Walls: Metal, Paneling
  • County/Area: Hopkins County
  • Flooring: Vinyl
  • Foundation Details: Pier & Beam, Slab
  • Gross Annual Expenses: 23225
  • Gross Annual Income: 40600
  • Heating: Central Air-Elec, Central Heat-Elec, Window Unit
  • Inclusions: Land & Improvements
  • Income Expense Source: Limited Information, Owner
  • Listing Status: Active
  • Lot Size: 5 Acres To 9.99 Acres
  • Lot Size Area SQFT: 260053.20
  • Lot Size Source: Tax
  • Lot Size Units: Acres
  • Net Annual Income: 17375
  • Number Of Leaseable Spaces: 22
  • Number Of Spaces Leased: 22
  • Owner Pays: Gas, Lawn Care, Taxes, Water/Sewer/Trash
  • Parking Features: Open, Uncovered
  • Property Type: Commercial
  • Road Frontage: Fm Road Ft.
  • Roofing: Metal
  • Special Notes: Survey Available, Utility Easement
  • SQFT Building: 10364
  • SQFT Gross: 10364
  • SQFT Leasable: 10364
  • Stories: 1
  • Sub Type: Sale
  • Tenant Pays: Electric, Renters Insurance
  • Topography: Brush, Cedar, Cleared, Oak
  • Total Annual Expenses Include: Gas, Insurance, Lawn Care, Taxes, Water/Sewer/Trash
  • Units: 7
  • Utilities: Co-Op Water, Gravel/Rock, Outside City Limits, Septic
  • Year Built: 1994
  • Year Built Details: Preowned
  • Zip Code: 75482
  • Zoning: Com.
Freedom Realty
1428 S. Broadway
Sulphur Springs, TX 75482

Office: 903-335-8921
Fax:    903-335-8922
Cell:    903-348-5836
kris@freedomrealtyllc.com
www.freedomrealtyllc.com

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