1008 Sheppard Rd | Burkburnett, TX 76354
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1008 Sheppard Rd
Burkburnett, TX 76354
Ramada by Wyndham Burkburnett / Wichita Falls · Hospitality Property For Sale
·
48,100 SF
INVESTMENT HIGHLIGHTS
- Ideal size for owner-operator
- Owner Absentee property. Potential for a new operator to cut down on expenses and increase NOI.
- 8 minutes from the Kiowa and Camanche Casinos
- Offered at 13.59% current cap rate. Proforma Cap Rate is valued at 13% or more.
- Excellent accessibility and visibility from Highway 44
- Under a 2-hour drive from Dallas-Fort Worth, Texas
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
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