The deal includes 2-building motel and 1 office building. The rent rate is $45 per day and gross income is $15000 per month. Potential to increase rent by remodeling the rooms or convert them into 2 or 3-bedroom studio apartment.
Stable long-term neighborhood customers.
Super location! 0.37 acre commercial lot close to Hwy 59 and I-10. 9-mins drive to Houston downtown.
Low tax rate 2.33%!
Cash deal and Seller finance available!
Roof Replacement in 2017
Whole electricity redo in 2018
Main sewer redo in 2022