940 W Interstate 20 - Hospitality FOR SALE
Colorado City, TX 79512 |
$2,080,000 USD
214-432-4719
940 W Interstate 20
Colorado City, TX 79512
HIGHLIGHTS
- Strong demand from oil industry workers, contractors, and professionals due to proximity to one of the nation’s largest oil fields.
- Steady demand from farm workers and agribusiness professionals, driven by Colorado City’s established cotton and livestock industries.
- High visibility and accessibility from I-20, a key travel route for commercial, leisure, and truck traffic.
- Seasonal boost from visitors to the park for boating, fishing, and camping, along with interest in local ranching and oil history.
- Local economy supported by energy, agriculture, healthcare, and retail, offering stability and resilience to market fluctuations.
- Colorado City’s history as a cattle-shipping and oil boomtown attracts heritage tourism, adding another revenue stream.
FOR SALE DETAILS
PRICE
$2,080,000 USD
PRICE/SF
$71 USD /SF
# OF ROOMS
65
PRICE/ROOM
$32,000 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Studio 6 Colorado City TX
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2015
PARKING SPACES
70
LAND DETAILS
LAND ACRES
21.62 AC
LAND SF
941,884 SF
ZONING
n/a
APN/PARCEL ID
00326-00032-00080-000030,13250
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-432-4719
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-432-4719
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
