1525 S Dumas Ave - Hospitality FOR SALE


Dumas, TX 79029
$3,975,000 USD
661-910-8003
1525 S Dumas Ave, Dumas, TX for Sale
$3,975,000 USD
Hospitality - FOR SALE
1/7
null | 7.26% Cap Rate

1525 S Dumas Ave
Dumas, TX 79029


HIGHLIGHTS

  • Recently Renovated with Minimal to ZERO PIP requirements Upon Transfer
  • Tremendous Upside with Owner Operator
  • Transportation, Agricultural and Energy Hub

OVERVIEW

Thank you for your interest in the 51-room newly renovated 2-story, interior corridor, Red Roof Inn located in Dumas TX. A Center point between Texas, Colorado, and Oklahoma is only 45 minutes North of Amarillo TX, and the famous Route 66. * * * Highlights & Location: Revenue Steadily trending up year by year Minimal Down Payment Requirements $78K price per key (Well Below Replacement Cost) 45 min drive from major airport 9-minute walk from popular Window on the Plains Museum's Farming Exhibits 6 miles from Pheasant Trails Golf Course * * * Texas Broker of Record: Nitigna Naik Niti@HBofAmerica.com TX BRE 9014354

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$155 USD /SF

# OF ROOMS

51

PRICE/ROOM

$77,941 {currency}

CAP RATE

7.26%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Dumas

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

105635

ASK ABOUT THIS PROPERTY

Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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