304 College Ave - Hospitality FOR SALE


Levelland, TX 79336
$1,999,000 USD
432-349-4494
304 College Ave, Levelland, TX for Sale
$1,999,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

304 College Ave
Levelland, TX 79336


OVERVIEW

Prime Motel Investment Opportunity Levelland, Texas. Located in the heart of Levelland, this well-position motel presents an excellent opportunity for investors seeking steady income and long-term growth. Situated with convenient access to major highways and local attractions, the property attracts both travelers and workforce tenants year round. This property features a total of 62 guest rooms, with 38 recently remodeled units that provide updated finishes and enhanced guest appeal. The remaining rooms offer an excellent opportunity for continued upgrade, allowing a new owner to increase value and maximize revenue over time. This motel features multiple guest rooms designed for comfort and functionality, with ample parking to accommodate guest and larger vehicles. The property includes front office/reception area, on-site management space, and potential for additional amenities or upgrades to increase revenue. With Levelland's strong strong ties to the oil, agriculture, and education sectors- including nearby South Plains College- this location benefits from consistent demand and economic stability. *62 total rooms / 38 remodeled units *16 Singles Renovated *22 Doubles Renovated * High-visibility location with easy access * Strong mix of updated and value-add inventory * Multiple guest rooms with flexible rental options * Ample parking for guest and work crews * On-site office and management area * Opportunity for value-add improvements * Strong local economy supporting occupancy Whether you're expanding expanding your hospitality portfolio or stepping into a new investment, this Levelland motel offers both immediate income potential and future upside. Don't miss this opportunity-schedule your private tour today

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$75 USD /SF

# OF ROOMS

62

PRICE/ROOM

$32,242 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Inn Texas

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

104

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

MOBILE HOME PP

APN/PARCEL ID

R11981

ASK ABOUT THIS PROPERTY

John HerriageCopper Key RealtyMore Info
432-349-4494

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John HerriageCopper Key RealtyMore Info
432-349-4494

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