Rodeway Inn & Suites Hemphill | 6500 State Highway 21
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Rodeway Inn & Suites Hemphill 6500 State Highway 21
44 Room Hotel Milam, TX 75959 £1,109,262 (£25,211/Room)
Executive Summary
Here is an amazing opportunity to get an established business on Toledo Bend Lake. Toledo Bend is one of the best bass fishing lakes in the country. This 44 unit hotel is operational and in a prime waterfront location. The owner does not have financials. Selling as an asset only.
Property Facts
Price | £1,109,262 | Building Size | 21,344 SF |
Price Per Room | £25,211 | No. Rooms | 44 |
Sale Type | Investment | Number of Floors | 2 |
Property Type | Hospitality | Year Built/Renovated | 1996/2005 |
Property Subtype | Hotel | Parking Ratio | 3/1,000 SF |
Building Class | C | Corridor | Interior |
Lot Size | 3.72 AC |
Price | £1,109,262 |
Price Per Room | £25,211 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 3.72 AC |
Building Size | 21,344 SF |
No. Rooms | 44 |
Number of Floors | 2 |
Year Built/Renovated | 1996/2005 |
Parking Ratio | 3/1,000 SF |
Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 4 | £67.35 | - |
Guest Room | 40 | £48.33 | - |
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PROPERTY TAXES
Parcel Number | R000025101 | Improvements Assessment | £253,437 |
Land Assessment | £267,641 | Total Assessment | £521,078 |
PROPERTY TAXES
Parcel Number
R000025101
Land Assessment
£267,641
Improvements Assessment
£253,437
Total Assessment
£521,078
zoning
Zoning Code | None |
None |
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Rodeway Inn & Suites Hemphill | 6500 State Highway 21
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