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Rainbow Courts Motel 915 E Cameron Ave

38 Room Hotel Rockdale, TX 76567 For Sale

Executive Summary

This historic motel has 37 uniquely themed rooms, suites & apartments and is nestled on 4 acres! Every room is uniquely furnished in the most tasteful & elegant manner. The Motel is a turnkey operation and ready for a new owner to continue the 5-star tradition of Rainbow Courts. The current owners live on property in a lavish 2BR/2BA home that adjoins the front office area. The home is embellished with hardwood floors, top-of-the-line appliances,
a family room, a glassed rear entryway, and a comfortable and inviting atmosphere. This owner's residential area could continue to be used as an owner's residence or could be converted into additional lodging for guests. It could also be easily converted into an on-property restaurant or community gathering area for guests.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.23 AC
Building Size 15,000 SF
No. Rooms 38
Number of Floors 1
Year Built 1918
Corridor Exterior
Opportunity Zone Yes

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 £98.59 -
Guest Room 23 £56.34 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R26741
  • R27220
  • R27415
  • R27323
  • R25180
  • R27024
  • R25653
  • R25265
  • R26473
Land Assessment
£54,365
Improvements Assessment
£1,239,808
Total Assessment
£1,294,172

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 30876122

  • Date on Market: 05/02/2024

  • Last Updated:

  • Address: 915 E Cameron Ave, Rockdale, TX 76567

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