163 Pr 1301 Hwy Gladewater, TX 75647

Property Details for 163 Pr 1301 Hwy

Year built

2017

Lot size

2.25 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a thriving RV park situated on a 2.25-acre lot at 163 PR 1301 HWY 271 in Gladewater, Texas. The property boasts 12 RV spaces, generating significant rental income. Adding to its profitability is a triplex featuring an efficiency apartment, a one-bedroom, one-bathroom apartment, and a two-bedroom, two-bathroom apartment. When fully occupied, the property's gross monthly income potential exceeds $6,500. The convenient location on Highway 271, directly across from Union Grove Schools, ensures high visibility and accessibility. This property is a rare find in the desirable Union Grove school district, making it an attractive option for investors seeking a stable income stream. A laundry room provides an additional revenue source. The property's potential for expansion is further enhanced by the availability of an adjacent 3.85-acre lot (sold separately). This turnkey operation is ideal for those seeking a strong return on investment in the antique capital of East Texas. This is a remarkable opportunity to acquire a well-established and profitable commercial property with significant growth potential. The asking price is $495,000.

Location Insight

City

Gladewater

County

Upshur

State

Texas

Longitude

-94.9203

Latitude

32.5674