20290 Playland Park - Hospitality FOR SALE


Christoval, TX 76935
$525,000 USD
325-304-1425
20290 Playland Park, Christoval, TX for Sale
$525,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

20290 Playland Park
Christoval, TX 76935


HIGHLIGHTS

  • Six fully furnished guest rooms with kitchenettes and private baths.
  • Turnkey operation with established business infrastructure and reservations.
  • Located across from the city park and within walking distance to dining and entertainment.
  • Includes all furniture, fixtures, appliances, and linens.
  • Positioned near the Concho River and a short drive to San Angelo.

OVERVIEW

The Ranch House is a proven income-producing short term rental motel in Christoval, TX, just steps from the Concho River and a short drive to San Angelo. This turn key Texas motel for sale sits on almost three quarters of an acre and includes six uniquely decorated guest rooms, each with a queen bed, kitchenette, and private bath. Guests love the prime location across from the city park and walking distance to the river, Coopers BBQ concerts, 1982 Pizza, The Ice House, and Concho Coffee Shop. The sale includes the real estate and established business with a 12.32% cap rate. Conveying with the sale are the business name, website, phone numbers, client database, all furniture, fixtures, appliances, bedding, linens, and existing short term rental accounts and reservations. See the video tour at https://youtu.be/TzrMTcTmrdk

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$315 USD /SF

# OF ROOMS

6

PRICE/ROOM

$87,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Ranch Motel - FOR SALE

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

-

APN/PARCEL ID

51-00173-0238-018-00

ASK ABOUT THIS PROPERTY

Halle McCroryeXp RealtyMore Info
325-304-1425

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Halle McCroryeXp RealtyMore Info
325-304-1425

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