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$ 425,000
Est. payment | /mo
5,175 SqFt
$ 425,000
Est. payment | /mo
5,175 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 5,175 sqft
Price per Sqft $82
Subdivision Circle Add
MLS Listing ID 20675419
Total Fin. Sqft 5175
Year Built 1983
Annual Tax Amount $7,505
Lot Size 1.000 Acres
Acres 1.0
Property Description
Located just minutes from beautiful Lake Whitney, this property has tons of potential for a business investor. This remodeled, 12 unit motel sits on the back half of a one acre property, leaving the entire front half for additions, another business, RV or boat parking. Of the 12 partially furnished units, 4 of them are suites. Lake Whitney is a popular destination for fishing, boating and camping. It's proximity to major cities make it an attractive getaway for those that want to escape the hustle and bustle of the city and enjoy the small town atmosphere, shops and events.
Location
State TX
County Hill
Zoning Commercial
Direction See GPS
Interior
Heating Other
Cooling Other
Flooring Luxury Vinyl Plank
Heat Source Other
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Composition
Garage No
Building
Foundation Slab
Structure Type Siding,Wood,Other
Others
Ownership Great Central Mortgage Acceptance Company
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Listed by Crystal Blake • Keller Williams Brazos West
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Edie West
Broker Associate | License ID: 655521