163 Pr 1301 Hwy Gladewater, TX 75647
- Commercial real estate
- 2.25 lot acres
Current Use by Public Records
- Commercial real estate
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gladewater
- County
- Upshur
- State
- Texas
- Longitude
- -94.9203
- Latitude
- 32.5674