Devesh "Devo' Ragha with NewGen Advisory is pleased to announce the sale of The Regal Hotel in Carthage, TX. This property features 50 interior corridor units. A double extended 3-bedroom, 2-bath side-by-side is also located on the property for management/owner. Renovations completed in June 2024 with 125k in Capex. The largest industries in Carthage, TX are Health Care & Social Assistance, Retail Trade, and Mining, Quarrying, & Oil & Gas Extraction. The City of Carthage is known as the Gas Capital of the United States and the friendliest spot in the world. They have it all--temperate weather, lots of jobs, a low tax base, good schools and churches, and the world famous Texas Country Music Hall of Fame.