20290 Playland Park - Hospitality FOR SALE


Christoval, TX 76935
$749,900 USD
512-705-5501
20290 Playland Park, Christoval, TX for Sale
$749,900 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

20290 Playland Park
Christoval, TX 76935


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 9.59 percent 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

$749,900 USD

PRICE/SF

$450 USD /SF

# OF ROOMS

6

PRICE/ROOM

$124,983 {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

11,417 SF

ZONING

-

APN/PARCEL ID

51-00173-0238-018-00

ASK ABOUT THIS PROPERTY

Halle McCroryeXp RealtyMore Info
512-705-5501

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Halle McCroryeXp RealtyMore Info
512-705-5501

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