City Motel – Knox City, Texas 21-Unit Motel • RV Spaces • Apartment • Commercial Space • Strong Financials • Asking $1,050,000 Motel Room Mix (21 Total Units)City Motel in Knox City is a well-maintained 21-unit hospitality property offering multiple income streams and excellent highway visibility. The motel features a diverse mix of room types, including king rooms, double-bed units, kitchenettes, and a spacious three-bedroom suite, with all rooms equipped with microwaves and refrigerators. Recent upgrades, such as a new roof, updated hot water heaters, high-speed Wi-Fi, new mattresses, and a modern security camera system, enhance both guest comfort and operational efficiency. The property also includes six fully serviced RV spaces with 50/30/20-amp hookups, a large lot suitable for semi-truck parking, and on-site living quarters consisting of a three-bedroom, two-bathroom apartment connected to the office. Additional amenities include guest laundry, commercial laundry equipment, an ice machine, and newly installed solar panels that contribute to long-term energy savings. A large attached commercial space—formerly a restaurant—offers excellent potential for future expansion, such as a café, laundry mat, event space, or additional rental units. With streamlined operating expenses and strong annual income, the property delivers an attractive return on investment, making it a compelling opportunity for both owner-operators and investors seeking stable cash flow with room to grow ?? Property Breakdown • 1 Three-Bedroom Unit • 10 King Rooms • 6 Double-Bed Rooms • 4 Double-Bed Rooms with Kitchenettes Room Features • All units non-smoking except one • Microwave & refrigerator in every room • New mattresses throughout • Updated hot water heaters (within last 5 years) • High-speed Wi-Fi system (updated) • Security camera system (2023) with smartphone access • Roof replaced in 2022 ?? RV Park Component • 6 working RV spaces • 50 / 30 / 20 amp service • Large lot suitable for semi-truck parking • Additional space for expansion ?? Owner/Manager Living Quarters • 3-bedroom, 2-bathroom apartment • Attached to the office • Ideal for on-site management or additional rental income ?? Additional Amenities & Improvements • Solar panels installed in 2026 for electricity savings • Guest washer & dryer • Commercial washer & dryer for housekeeping • Ice machine • Office space for operations • Large commercial/storage area (former restaurant) with potential for: • Restaurant • Café • Laundry mat • Event space • Additional rental units • Storage or workshop ?? Financial Summary (2025 Actuals) Gross Income • 2025 Gross Revenue: $293,000 Operating Expenses (Annual) • $42,000 – Salary / Labor • $48,000 – Utilities • $5,000 – Property Taxes • $8,000 – Maintenance • $16,800 – Insurance • $119,800 – Total Operating Expenses Annual NOI: $173,200 ?? Real Estate Valuation Building Size • 12,188 sq ft total Valuation at $40 per sq ft Estimated Real Estate Value (Building Only): $487,520 ?? Asking Price Offered at:??$1,050,000 This price reflects: • Strong NOI of $173,200 • Multiple income streams (motel, RV, apartment, commercial space) • Significant recent upgrades (roof, cameras, Wi-Fi, mattresses, solar) • On-site living quarters • Large commercial area with redevelopment potential • Excellent highway access and visibility At the asking price, the property offers an attractive cap rate and meaningful upside for an investor or owner-operator. City Motel in Knox City is a well-maintained 21-unit hospitality property offering multiple income streams and excellent highway visibility. The motel features a diverse mix of room types, including king rooms, double-bed units, kitchenettes, and a spacious three-bedroom suite, with all rooms equipped with microwaves and refrigerators. Recent upgrades, such as a new roof, updated hot water heaters, high-speed Wi-Fi, new mattresses, and a modern security camera system, enhance both guest comfort and operational efficiency. The property also includes six fully serviced RV spaces with 50/30/20-amp hookups, a large lot suitable for semi-truck parking, and on-site living quarters consisting of a three-bedroom, two-bathroom apartment connected to the office. Additional amenities include guest laundry, commercial laundry equipment, an ice machine, and newly installed solar panels that contribute to long-term energy savings. A large attached commercial space—formerly a restaurant—offers excellent potential for future expansion, such as a café, laundry mat, event space, or additional rental units. With streamlined operating expenses and strong annual income, the property delivers an attractive return on investment, making it a compelling opportunity for both owner-operators and investors seeking stable cash flow with room to grow