Historical Hotel & Motel Sale Listing - BEST WESTERN INN Project

Hotel & Motel For Sale

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BEST WESTERN INN Project

EAST LOOP 304 & EDMISTON STREET, Crockett, TX 75835

N/A

55 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
55
Building Size:
32,395 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Construction Status:
Under Construction/
Proposed
Commission Split:
3%
Cap Rate:
10%
Corridor:
Interior
Lot Size:
1.50 AC
Listing ID
16196499
Last Updated
over 1 year ago

Utilities

Description

HOTEL SITE FOR SALE WITH APPROVED FRANCHISE, ARCITECTURAL DRAWINGS, SURVEY, ALL UTILIES ARE AVAILABLE, SOIL TESTS DONE AND PERMITS TO BUILT 55 ROOMS BEST WESTERN INN. THE PROJECT IS READY TO START BUILDING. OWNER HAS OTHER INTERESTS. CITY HAS APPROVED PROPERTY TAX RELIEFE FOR NEXT FIVE YEARS FOR THIS PROJECT.

Crockett is only 100 Miles North of Houston and Two Hours Drive Soth East of Dallas, TX. LOCATED ON PRIME NW CORNER OF EAST LOOP 304 AND EDMISTON STREET IN THE CITY OF CROCKET, TX. ECONOMY IN CROCKET IS BOOMING. THIS WILL BE THE SECOND FRANCHISE PROPERTY IN THE CITY. IT IS LOCATED AT THE ENTERANCE OF THE COVENTION CENTER.

Map of EAST LOOP 304 & EDMISTON STREET, Crockett, TX 75835 (Houston County)

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Created 4/16/2009