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 for Sale
$2,080,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

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.

OVERVIEW

Studio 6 Colorado City is strategically located off I-20, a major travel corridor for commercial, leisure, and truck traffic, providing excellent visibility and accessibility for travelers. Its proximity to one of the nation’s largest oil fields ensures a steady influx of oil industry workers, contractors, and professionals, creating a consistent and reliable demand. Colorado City’s diversified economy, supported by energy, agriculture, healthcare, and retail sectors, offers stability and resilience to market fluctuations, further bolstering the hotel’s appeal. The area’s rich agricultural heritage, particularly in cotton and livestock production, attracts farm workers and agribusiness professionals throughout the year. Additionally, the local tourism industry provides a seasonal boost, drawing visitors to the parks for boating, fishing, and camping, as well as those interested in the city’s ranching and oil history. Colorado City’s legacy as a cattle-shipping hub and oil boomtown enhances its appeal to heritage tourists, adding another revenue stream for the hotel. By catering to this dynamic mix of guests, the hotel is well-positioned to thrive and sustain long-term success. Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

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

Alfonso GarciaMatthews Real Estate Investment ServicesMore Info
214-432-4719

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Alfonso GarciaMatthews Real Estate Investment ServicesMore Info
214-432-4719

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