Hotels /TX /Limestone County /Mexia /600 W Palestine St
Hotels /TX /Limestone County /Mexia /600 W Palestine St

600 W Palestine St - Hospitality FOR SALE


Mexia, TX 76667 | 
$2,500,000 USD
254-562-5593
600 W Palestine St, Mexia, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/15
null | 10.05% Cap Rate
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600 W Palestine St
Mexia, TX 76667

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HIGHLIGHTS

  • 65ROOM MOTEL WiTH 2 Rental Space For Sale In North Texas... ON SIDE RESTAURANT OUTDOOR POOL • •

OVERVIEW

1, BUILDING SEPARATE 65 ROOM MOTEL 2, BUILDING TWO SEPARATE RENTAL SPACE LONG-TERM LEASE $4000 RENT PER MONTH 3, BULIDING MOTEL OFFICE - LAUNDRY ROOM WITH 4 BEDROOM HOME FOR MANAGER/OWNER MOTEL LOCATED AT HIGHWAY 14 & HIGHWAY 84 CORNER

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$42 USD /SF

# OF ROOMS

65

PRICE/ROOM

$38,462 {currency}

CAP RATE

10.05%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Inn at Mexia

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

87

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

Commercial District 3

APN/PARCEL ID

R14573

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MANISH PATELRAMS MEXIA INCMore Info
254-562-5593

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MANISH PATELRAMS MEXIA INCMore Info
254-562-5593

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