500 W Kentucky St - Hospitality FOR SALE


Floydada, TX 79235
$350,000 USD
325-439-0186
500 W Kentucky St, Floydada, TX for Sale
$350,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

500 W Kentucky St
Floydada, TX 79235


HIGHLIGHTS

  • Established Hospitality Business
  • Ideal Hospitality Investment
  • Value-add Opportunity with Strong Potential for High ROI
  • Proximity to Major Transportation Route

OVERVIEW

Unlock the potential of this 6,528 SF income-producing portfolio, ideally suited for hospitality investors. This unique property includes a 16-unit motel, five (5) RV sites, and a single-family rental home, offering multiple revenue streams and excellent value-add potential. Whether you're looking to expand your hospitality portfolio or step into a turn-key investment with room to grow, this versatile asset provides the perfect foundation.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$54 USD /SF

# OF ROOMS

16

PRICE/ROOM

$21,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

American Star Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,059 SF

ZONING

-

APN/PARCEL ID

R000001012,R000001255

ASK ABOUT THIS PROPERTY

Erik Paul JohnsonPaul Johnson & AssociatesMore Info
325-439-0186

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Erik Paul JohnsonPaul Johnson & AssociatesMore Info
325-439-0186

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