817-366-0372
1157 W Bypass 287, Alvord, TX for Sale
Specialty - FOR SALE
1/3
null | Request Cap Rate

1157 W Bypass 287
Alvord, TX 76225


OVERVIEW

Incredible opportunity to lease a well-known and established motel in Alvord, TX, located in Wise County just off Highway 287 “Colorado Highway”. Alvord is a growing community situated approximately 10 miles northeast of Decatur and about 50 miles north of Fort Worth, offering excellent visibility and convenient access for guests. Trusted Stay Motel features 16 remodeled en-suite rooms, many of which include kitchenettes with a sink, countertop burner, microwave, and compact refrigerator. Several rooms have been updated with modern walk-in showers, new flooring, fresh interior paint, and updated furnishings. The property accommodates nightly, weekly, and monthly stays. In addition to the motel rooms, the property includes a 900 sq ft condo and a 900 sq ft house currently used as the office—both offering potential for owner or manager living quarters or additional rental income. The house also features a small fenced yard. With its strategic location, paved parking lot, ample parking, and grassy pet-friendly areas, this property offers endless possibilities. Potential uses include continuing motel operations, converting to senior housing, nonprofit housing, rehabilitation or recovery housing, or a variety of other residential or commercial purposes. This is a strong income-producing property in an area experiencing significant growth. North Texas continues to expand rapidly, and Alvord is poised for future development. Don’t miss the chance to secure this versatile investment opportunity while the town is still on the rise.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1157 W Bypass 287, Alvord, TX 76225

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

A0674005002

ASK ABOUT THIS PROPERTY

Teresa von IllyesAmeriplex RealtorsMore Info
817-366-0372

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Teresa von IllyesAmeriplex RealtorsMore Info
817-366-0372

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.