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Oriental Hotel 107 W Kingman Ave 14 Room Hotel Canadian, TX 79014 $290,000 ($20,714/Room)
INVESTMENT HIGHLIGHTS
- For eligible buyers, seller is willing to provide owner financing.
EXECUTIVE SUMMARY
Welcome to a wonderful investment opportunity in the heart of Canadian, Texas—a charming and friendly community known for its small-town hospitality. This 14-room motel is ideally positioned on four city lots, providing plenty of room for parking. Located just one block off US Highway 60, the property offers excellent visibility for travelers passing through this scenic Texas Panhandle town.
PROPERTY FACTS
| Price | $290,000 | Building Size | 5,940 SF |
| Price Per Room | $20,714 | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1949 |
| Property Subtype | Hotel | Parking Ratio | 0.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.38 AC | ||
| Zoning | I - Light Commercial | ||
| Price | $290,000 |
| Price Per Room | $20,714 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 5,940 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 0.5/1,000 SF |
| Corridor | Exterior |
| Zoning | I - Light Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 14 | $99.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 05065-00019-00110-000000 | Improvements Assessment | $115,340 |
| Land Assessment | $23,400 | Total Assessment | $138,740 |
PROPERTY TAXES
Parcel Number
05065-00019-00110-000000
Land Assessment
$23,400
Improvements Assessment
$115,340
Total Assessment
$138,740
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Oriental Hotel | 107 W Kingman Ave
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