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Property Attributes
- MLS#20563597
- TypeCommercial
- CountyHILL
- CityWhitney
- NeighborhoodCircle Add
- Zip76692
- StyleHotel/Motel
- Year Built1983
- Taxes$ 7505
- Price$ 549,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4804
- Lot Size0.999 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Prime motel investment opportunity situated along a busy highway frontage. This property boasts 12 rooms, with all but one fully furnished, featuring essential amenities such as microwaves, fridges, and coffee makers. Positioned between the vibrant hubs of Dallas and Austin, and only minutes away from the scenic Lake Whitney, this motel offers convenience and accessibility. Recently remodeled and adorned with brand new furnishings throughout, this establishment presents an attractive prospect for savvy investors seeking a hospitality venture.
Price History | |
---|---|
3/18/2024 | Listed $549,000 |
General Features
Heating | Electric |
---|---|
Cooling | Electric |
Utilities | City Sewer,City Water |
Ceiling Height | 8 to10 Feet |
Possession | Closing/Funding |
Roof | Composition |
Year Built | 1983 |
Tenant Pays | None |
Business Type | Hotel/Motel |
Unexempt Taxes | 7505 |
Building Use | Hotel/Motel |
Will Subdivide | No |
Gross Annual Expenses | 0.00 |
Property SubType | Hotel/Motel |
Subdivision Name | Circle Add |
Zoning Description | Commercial |
County | Hill |
Property Type | Commercial Sale |
Construction Materials | Siding,Wood |
Year Built Details | Preowned |
Status | Active |
Directions | On Hwy 22 In Whitney. |
City | Whitney |
Buyer Agent Compensation | 3 |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20563597 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Vinyl |
---|---|
Total Stories | 1 |
Total Units | 1 |
SQFT Gross | 4804 |
Lock Box Type | Other |
Exterior Features
Lot Size Source | Assessor |
---|---|
Parking Features | Driveway,On Site,Open,Outside,Parking Lot |
Lot Size | .5 to < 1 Acre |
Foundation | Slab |
Lot Size Area | 0.9990 |
Lot Size Units | Acres |
Building Area Total | 4804.00 |
Lot Size Square Feet | 43516.4400 |
Lot Size Acres | 0.9990 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool