520 S Jackson St - Hospitality FOR SALE


Jacksonville, TX 75766
$1,350,000 USD
254-744-1692
520 S Jackson St, Jacksonville, TX for Sale
$1,350,000 USD
Hospitality - FOR SALE
1/51
null | Request Cap Rate

520 S Jackson St
Jacksonville, TX 75766


OVERVIEW

MOTEL FOR SALE!! Come check out this great investment property. 36 unit/room motel remodeled in 2017. Also has multi Rooms the owner converted to personal living space that can be converted back to add more units/rooms. The motel includes a large laundry room, and several storage rooms. The motel is approximately 38,000 ft.². There is an additional building once used as a donut shop that is 2952 ft.². It needs a lot of TLC but has so much potential to turn back into another commercial property, great for Restaurant, retail, daycare, Etc., the options are unlimited. Investors come, city is motivated to support demo costs If you want to start with a clean slate and build the commercial property of your dreams and the perfect Location in the heart of Jacksonville.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$41 USD /SF

# OF ROOMS

36

PRICE/ROOM

$37,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trade Winds Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,019 SF

ZONING

F1

APN/PARCEL ID

000223030000

ASK ABOUT THIS PROPERTY

Mitzi EvesHeritage Real Estate LLCMore Info
254-744-1692

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Mitzi EvesHeritage Real Estate LLCMore Info
254-744-1692

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