158 County Rd Pecos, TX 79772
- Commercial real estate
- 9,220 SF
- 7.66 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 158 County Rd
- Year built
- 2017
- Lot size
- 7.66 lot acres
- Property size
- 9,220 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a thriving 18-room lodge situated on a spacious 7.66-acre lot in Pecos, Texas. Currently boasting 3 double occupancy units and 15 single occupancy units, all fully furnished, this property generates substantial rental income. A full-time manager is already in place, overseeing the day-to-day operations. Further enhancing its profitability, two additional units are scheduled for completion this year, projected to increase monthly gross rent by $6,000. On-site amenities include a convenient laundry room and two separate storage buildings. The property also features a single-wide office/home for the resident manager. The expansive acreage offers significant potential for future expansion, with ample room to add more units or develop additional facilities. Existing infrastructure is robust, with readily available city water (delivering 61 psi), power, and sewer services, simplifying any expansion plans. This property is strategically located within an Opportunity Zone, presenting attractive tax advantages for qualified investors. The substantial land area, existing infrastructure, and high rental income make this a compelling investment prospect with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pecos
- County
- Reeves
- State
- Texas
- Longitude
- -103.525
- Latitude
- 31.4308
