1008 Sheppard Rd | Burkburnett, TX 76354
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1008 Sheppard Rd
Burkburnett, TX 76354
Ramada by Wyndham Burkburnett / Wichita Falls · Hospitality Property For Sale
·
48,100 SF
INVESTMENT HIGHLIGHTS
- The initial lease term will commence at the close of escrow and is for an initial 20 year term plus ten (10), 5-year renewal options.
- The absolute triple-net lease requires no landlord responsibilities, making it an attractive investment for the passive real estate investor.
- The Lease calls for an 8.5% rent increase every 5 years, including at the start of each option period.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2006/2024 |
| Building Class | B | Parking Ratio | 2.37/1,000 SF |
| Lot Size | 1.66 AC | Corridor | Interior |
| Building Size | 48,100 SF | ||
| Zoning | C/B - MOTELS (FSMO) | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.66 AC |
| Building Size | 48,100 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2006/2024 |
| Parking Ratio | 2.37/1,000 SF |
| Corridor | Interior |
| Zoning | C/B - MOTELS (FSMO) |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 301024 | Improvements Assessment | $1,756,724 |
| Land Assessment | $108,276 | Total Assessment | $1,865,000 |
PROPERTY TAXES
Parcel Number
301024
Land Assessment
$108,276
Improvements Assessment
$1,756,724
Total Assessment
$1,865,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
