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Bass Inn 3149 Highway 72

30 Room Hotel Three Rivers, TX 78071 £1,193,130 (£39,771/Room)

Investment Highlights

  • SELLER FINANCING AVAILABLE! - 50% Down | 6% APR | 10 Yr Am
  • Large 2,000 SF Apartment living Quarters On Site
  • Long Term Potential for An Owner / Operator
  • 30 Rooms: 15 Doubles | 15 Kings
  • Recently Updated: New Boilers | New Doors | New Locks | LED Lights Throughout | Hyatt Furniture | Tile Throughout
  • Seller is Out of State, Leaving Significant Upside for a Hands - On Operator

Executive Summary

NEWGEN ADVISORY is proud to present for sale the Bass Inn – Three Rivers, TX. Positioned next to the stunning Choke Canyon National Park in Three Rivers, TX, the Bass Inn Hotel presents a unique opportunity for investors seeking a prime real estate asset in a high-demand destination. This well-established hotel offers a strategic location that combines proximity to the park's natural beauty with modern amenities designed for optimal guest comfort. Its scenic setting and accessibility make it a coveted retreat for travelers seeking both relaxation and adventure.
The Bass Inn Hotel features a range of thoughtfully designed accommodations, including spacious rooms with plush bedding and captivating views of the surrounding landscapes. The property boasts a variety of amenities to enhance guest satisfaction, such as a sparkling outdoor pool, an inviting on-site restaurant, and meticulously maintained gardens. The hotel's blend of rustic charm and modern conveniences ensures a memorable stay for visitors, driving consistent occupancy and repeat business.
Additionally, the Bass Inn Hotel benefits from its knowledgeable and friendly staff, dedicated to providing exceptional service and local insights. The strategic location next to Choke Canyon National Park attracts a steady flow of outdoor enthusiasts, families, and nature lovers, ensuring a robust and growing customer base. The hotel’s potential for high revenue and stable returns makes it an attractive investment in the thriving hospitality market.
For investors looking to capitalize on a premier location with strong market demand, the Bass Inn Hotel offers an unparalleled opportunity. With its combination of excellent amenities, strategic positioning, and dedicated service, this property represents a solid investment with significant potential for growth and profitability. Explore the opportunity to own a key asset in one of Texas's most sought-after destinations.

Property Facts

Price £1,193,130
Price Per Room £39,771
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.98 AC
Building Size 12,630 SF
No. Rooms 30
Number of Floors 1
Year Built 1987
Parking Ratio 4.75/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 30 £63.63 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0211-0001-0031-00
Land Assessment
£48,042
Improvements Assessment
£578,033
Total Assessment
£626,075

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 32655917

  • Date on Market: 01/08/2024

  • Last Updated:

  • Address: 3149 Highway 72, Three Rivers, TX 78071

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