3100 W Northwest Loop 323 - Hospitality FOR SALE


Tyler, TX 75702
$2,500,000 USD
903-941-1996
3100 W Northwest Loop 323, Tyler, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

3100 W Northwest Loop 323
Tyler, TX 75702


HIGHLIGHTS

  • Corner Lot
  • Located near Caldwell Zoo and Rose Garden Center
  • Immediately off of NW Loop 323
  • Situated on approximately 1 acre of land.

OVERVIEW

Corner lot hotel with Built 1971 Exterior Renovation: 2011 Interior Renovation: 2014 40 Rooms (29 x Kings Single Room, 8 x Queen Double Beds, 3 Full Double Beds) 3 Buildings 2 Floors 4 Storage Rooms 1 Laundry Room (2 Washer & 2 Dryer) 1 Guest Laundry Area (2 Washer & Dryer) 1 Ice Machine Living Apartment 4-5 Bedroom/4 full bathrooms and ½ bath, including 1 handicap bathroom downstairs) Lot Size (Approx 1 Acre)

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$133 USD /SF

# OF ROOMS

40

PRICE/ROOM

$62,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Oaks Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1971

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

c2

APN/PARCEL ID

15000-0123-80-0007020

ASK ABOUT THIS PROPERTY

Ravi Hazari12 Oaks Motor Hotel LLCMore Info
903-941-1996

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Ravi Hazari12 Oaks Motor Hotel LLCMore Info
903-941-1996

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