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112 W Amarillo Blvd
Amarillo, TX 79107
Townhouse Motel · Hospitality Property For Sale · 27,300 SF

INVESTMENT HIGHLIGHTS

  • Great Living Quarter
  • Well Maintained Asset
  • Large rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.45 AC
Building Size 27,300 SF
No. Stories 2
Year Built/Renovated 1956/2023
Parking Ratio 0.81/1,000 SF
Corridor Exterior
Zoning LC - Light Commercial, Motel

AMENITIES

  • Boutique/Lifestyle Hotel

ABOUT 112 W AMARILLO BLVD , AMARILLO, TX 79107

The Town House Motel in Amarillo, Tx is a motor court style property that reflects the golden era of American cross-country travel. Located on Amarillo Blvd, it is part of the original Route 66 route through the city, contributing to its nostalgic charm. The motel is also situated in the North Heights neighborhood, founded by African-American leader Bones Hooks in 1926, further enhancing its historical significance. This charming two-story hotel is a great investment for a owner operator or a first time investor. A well-kept property with a great living quarter that would make a fantastic home for a family and have income from the hotel. The property has recently updated the bathrooms, door lock system, and painted the rooms. Overall, the property has been well maintained and has minimal work to be done. Across the street, the former St. Anthony’s hospital is converting to the Commons at St. Anthony’s, an independent senior living facility is currently under construction and is slated to be finished later on this year. This multimillion-dollar redevelopment is currently under construction. It is being converted into an assisted living facility slated to be complete by 2025. The location of the hotel is ideal as families will come and stay as they are visiting their loved ones at the assisted living facility. This hotel has great occupancy year-round with extended stay guest and travelers to the area. Town House Motel has also applied for the preserve route 66 legacy business grant and once approved will be eligible for a match from the City of Amarillo Business Improvement grant. This is a great added value for the hotel. This hotel has great conversion potential as well and would make a great Airbnb, Retro 50's motel, or even an extended stay product. Comes with a vacant lot in the back of the property. Lots of potential and opportunities with this rare find.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-001-0700-2655-0
Land Assessment
$40,898
Improvements Assessment
$220,959
Total Assessment
$261,857
  • Listing ID: 31371519

  • Date on Market: 3/30/2024

  • Last Updated:

  • Address: 112 W Amarillo Blvd, Amarillo, TX 79107

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