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This Hospitality Property is no longer advertised on LoopNet.co.uk.

517 S 2nd St
Texline, TX 79087

40 Room Motel Owner Financing · Hospitality Property For Sale · 21,260 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 2.41 AC
Construction Status Converted
Building Size 21,260 SF
Number of Floors 1
Year Built/Renovated 1975/2024
Parking Ratio 4.23/1,000 SF
Corridor Exterior

Amenities

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wi-Fi

About 517 S 2nd St , Texline, TX 79087

Single story, Exterior corridor Motel with 40 rooms. located on Interstate 87 next to a truck stop and restaurant.Excellent Opportunity for owner operator with very Low investment. Motel was closed December 2016 due to miss management, absentee owner, there are no historical financial available. Property is offered " as-is " asset only, Solid brick construction Fixer Upper property . Property Needs FF& E . The motel is currently secured to prevent trespassing while it is not in operation, .. Motel 6 or Red Roof Inn would be a great fit for franchise choice.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 000000017240
  • 000000019558
Land Assessment
£3,543
Improvements Assessment
£345,142
Total Assessment
£348,685

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 13339066

  • Date on Market: 31/07/2018

  • Last Updated:

  • Address: 517 S 2nd St, Texline, TX 79087

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