908 E Jefferson Ave - Hospitality FOR SALE


Whitney, TX 76692
$450,000 USD
682-500-0456
908 E Jefferson Ave, Whitney, TX for Sale
$450,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

908 E Jefferson Ave
Whitney, TX 76692


HIGHLIGHTS

  • Remodeled Motel/Hotel

OVERVIEW

Located just minutes from beautiful Lake Whitney, this property has tons of potential for a business investor. This remodeled, 12 unit motel sits on the back half of a one acre property, leaving the entire front half for additions, another business, RV or boat parking. Of the 12 partially furnished units, 4 of them are suites. Lake Whitney is a popular destination for fishing, boating and camping. It's proximity to major cities make it an attractive getaway for those that want to escape the hustle and bustle of the city and enjoy the small town atmosphere, shops and events.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$78 USD /SF

# OF ROOMS

12

PRICE/ROOM

$37,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Whitney Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,804 SF

ZONING

Commercial

APN/PARCEL ID

102199

ASK ABOUT THIS PROPERTY

Crystal BlakeKeller Williams Brazos WestMore Info
682-500-0456

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Crystal BlakeKeller Williams Brazos WestMore Info
682-500-0456

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