1006 E 12th St - Hospitality FOR SALE


Shamrock, TX 79079
$690,000 USD
210-849-2175
1006 E 12th St, Shamrock, TX for Sale
$690,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1006 E 12th St
Shamrock, TX 79079


HIGHLIGHTS

  • Fee Simple Interest in the 37-Room, One-Story, Limited-Service Motel 6
  • Additional 37-Room Building Closed During COVID-19
  • Starter Hotel, Ideal for Building Equity, Owner Financing Available with 35% Down Payment
  • Manager's Quarters: 2 Bedroom, Living Room, Kitchen, and One Full Bath
  • YTD 2023 Revenue of $200,000+ and 2022 Revenue was $210,000+
  • One Block Away from Route 66 and Available as a Package Deal

OVERVIEW

Singh Commercial Group at KW Commercial is excited to offer for sale the Motel 6 in Shamrock, Texas—a unique investment with tremendous potential. Owned by the same family for over 20 years, the owners are ready to retire, presenting a perfect chance for new ownership to bring fresh ideas and creativity to the business. Built in 1986, the property features 37 comfortable guest rooms, with an additional 37-room building that has remained closed since the COVID-19 pandemic. This creates an incredible value-add opportunity for new owners to revitalize the space, potentially converting it into extended-stay units to attract more guests. Situated on a spacious 4-acre lot, including additional 2.75 acres of commercial vacant, platted land at 101 Alabama, this motel offers modern conveniences like free Wi-Fi and ample parking. Its prime location, combined with the untapped potential of the additional land and rooms, makes this a compelling investment for those looking to maximize returns.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$29 USD /SF

# OF ROOMS

37

PRICE/ROOM

$18,649 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.14 AC

LAND SF

136,778 SF

ZONING

C

APN/PARCEL ID

1-20-006000245000000000

ASK ABOUT THIS PROPERTY

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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