129 County Road 350 - Hospitality FOR SALE


Broaddus, TX 75929
$650,000 USD
936-872-3691
129 County Road 350, Broaddus, TX for Sale
$650,000 USD
Hospitality - FOR SALE
1/1
null | 8% Cap Rate

129 County Road 350
Broaddus, TX 75929


OVERVIEW

Country Inn Motel, a continuously running motel for almost 40 years, is located mid-lake on Texas' largest lake, Lake Sam Rayburn. Conveniently situated along Hwy.147 near the town of Broaddus in the Angelina National Forest and near Bannister Wildlife Management Area, this 11 unit Mom/Pop Motel is rated #1 in the area. In addition to regular motel rooms, there is a 1 Bedroom/1 Bath apartment with a large kitchen and living room attached to the main building and a 2 Bedroom/ 2Bath home with a porch that nearly wraps around the house. This turnkey hunter and fisherman delight sits on 1.85 acres in the heart of thousands of acres of national forest and only a few miles from Lake Sam Rayburn.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$137 USD /SF

# OF ROOMS

15

PRICE/ROOM

$43,333 {currency}

CAP RATE

8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Inn Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,287 SF

ZONING

-

APN/PARCEL ID

0020368

ASK ABOUT THIS PROPERTY

Marcy NaumannMary NaumannMore Info
936-872-3691

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Marcy NaumannMary NaumannMore Info
936-872-3691

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