200 E First Street - Hospitality FOR SALE


Claude, TX 79019
$480,000 USD
806-468-4826
200 E First Street, Claude, TX for Sale
$480,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

200 E First Street
Claude, TX 79019


HIGHLIGHTS

  • UPDATED 18 ROOM MOTEL located along US Highway 287

OVERVIEW

UPDATED 18 ROOM MOTEL located along US Highway 287. Benefit from this highly traveled highway! Each room is equipped with bed, dresser, table, refrigerator, microwave, TV, and own heat/AC unit. Each room is freshly painted, textured, and updated with granite countertops, new flooring, and new marble bath surrounds. New electrical to the newly installed recessed lighting. Newer double-pane windows. Electronic entrance on doors. There are 6 single queen rooms, 8 full double rooms, and 3 king rooms. All have marble bath surrounds of which 13 have showers and 7 have bathtubs. Property has workroom with washer, dryer, and sink. Office area. Two gas and one electric water heaters. Metal roof installed in 2022. Pylon sign updated in 2022. Truck parking to the east and additional land in the rear. Also, an apartment that features 3 bedrooms (2 upstairs and 1 downstairs), 2 baths, kitchen and living area upstairs.

FOR SALE DETAILS

PRICE

$480,000 USD

PRICE/SF

$71 USD /SF

# OF ROOMS

18

PRICE/ROOM

$26,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

L.A. Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rachel ShrefflerColdwell Banker First Equity RealtorsMore Info
806-468-4826

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Rachel ShrefflerColdwell Banker First Equity RealtorsMore Info
806-468-4826

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