This Hotel & Motel Property is For Sale.

774 E HWY 80
Abilene, TX 79601 ·

84 Rooms · Hotel & Motel For Sale

$1,295,000

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ABILENE TX - 84 ROOMS OWNER FINANCING

Price $1,295,000 Commission Split 6%
No. Rooms 84 Average Daily Rate $45
Building Size 40,000 SF No. Stories 2
Price/Room $15,416.67 Year Built 1972
Property Type Hotel & Motel Corridor Exterior
Property Sub-type
Full Service
More...
  • Garden/Low-Rise
  • Mid/High-Rise
Lot Size 2 AC
Property Use Type Investment Parking Ratio 1.50 / 1,000 SF
Find out more...
Listing ID: 17504612 Date Created: 01/27/2012 Last Updated: 05/27/2016

Description

LOOKING TO RETIRE - RIGHT ON THE MAIN STREET - RUNS ITSELF, BEAUTIFUL POOL & SPA - INCOME WAS $275,000 IN 2013 $346,500 IN 2014 BANK STATEMENTS & TAX RETURNS ARE AVAILABLE. HOTEL IS RUN AS AN EXTENDED STAY AND MOST OF THE TENANTS LIVE THERE PERMANENTLY, WE COLLECT RENTS DAILY, WEEKLY, MONTHLY. THE HOTEL HAS A LARGE CLOSED RESTAURANT THAT CAN BE LEASED FOR AN ADDITIONAL $1,000 A MONTH. YOU COLLECT THE MONEY FROM THE 6 LAUNDRY MACHINES. MANAGERS LIVE ON SITE. FEEL FREE TO VISIT THE PROPERTY. MAKE OFFER ON DOWN PAYMENT & PRICE. Email: biggerhotel2@gmail.com - GET OVER HERE AND TAKE THIS OVER.

On the main street at Highway 80 & Judge Ely Blvd.

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774 E HWY 80, Abilene, TX 79601 (Taylor County)

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