3149 Highway 72 - Hospitality FOR SALE


Three Rivers, TX 78071
$1,500,000 USD
602-648-2700
3149 Highway 72, Three Rivers, TX for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

3149 Highway 72
Three Rivers, TX 78071


HIGHLIGHTS

  • SELLER FINANCING AVAILABLE! - 50% Down | 6% APR | 10 Yr Am
  • 30 Rooms: 15 Doubles | 15 Kings
  • Large 2,000 SF Apartment living Quarters On Site
  • Recently Updated: New Boilers | New Doors | New Locks | LED Lights Throughout | Hyatt Furniture | Tile Throughout
  • Long Term Potential for An Owner / Operator
  • Seller is Out of State, Leaving Significant Upside for a Hands - On Operator

OVERVIEW

NEWGEN ADVISORY is proud to present for sale the Bass Inn – Three Rivers, TX. Positioned next to the stunning Choke Canyon National Park in Three Rivers, TX, the Bass Inn Hotel presents a unique opportunity for investors seeking a prime real estate asset in a high-demand destination. This well-established hotel offers a strategic location that combines proximity to the park's natural beauty with modern amenities designed for optimal guest comfort. Its scenic setting and accessibility make it a coveted retreat for travelers seeking both relaxation and adventure. The Bass Inn Hotel features a range of thoughtfully designed accommodations, including spacious rooms with plush bedding and captivating views of the surrounding landscapes. The property boasts a variety of amenities to enhance guest satisfaction, such as a sparkling outdoor pool, an inviting on-site restaurant, and meticulously maintained gardens. The hotel's blend of rustic charm and modern conveniences ensures a memorable stay for visitors, driving consistent occupancy and repeat business. Additionally, the Bass Inn Hotel benefits from its knowledgeable and friendly staff, dedicated to providing exceptional service and local insights. The strategic location next to Choke Canyon National Park attracts a steady flow of outdoor enthusiasts, families, and nature lovers, ensuring a robust and growing customer base. The hotel’s potential for high revenue and stable returns makes it an attractive investment in the thriving hospitality market. For investors looking to capitalize on a premier location with strong market demand, the Bass Inn Hotel offers an unparalleled opportunity. With its combination of excellent amenities, strategic positioning, and dedicated service, this property represents a solid investment with significant potential for growth and profitability. Explore the opportunity to own a key asset in one of Texas's most sought-after destinations.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$119 USD /SF

# OF ROOMS

30

PRICE/ROOM

$50,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bass Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5.98 AC

LAND SF

260,489 SF

ZONING

Commercial

APN/PARCEL ID

0211-0001-0031-00

ASK ABOUT THIS PROPERTY

Ryan BodineNewGen AdvisoryMore Info
602-648-2700

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Ryan BodineNewGen AdvisoryMore Info
602-648-2700

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