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Country Inn Motel 129 County Road 350 15 Room Hotel Broaddus, TX 75929 $650,000 ($43,333/Room) 8% Cap Rate
EXECUTIVE SUMMARY
Country Inn Motel, a continuously running motel for almost 40 years, is located mid-lake on Texas' largest lake, Lake Sam Rayburn. Conveniently situated along Hwy.147 near the town of Broaddus in the Angelina National Forest and near Bannister Wildlife Management Area, this 11 unit Mom/Pop Motel is rated #1 in the area. In addition to regular motel rooms, there is a 1 Bedroom/1 Bath apartment with a large kitchen and living room attached to the main building and a 2 Bedroom/ 2Bath home with a porch that nearly wraps around the house. This turnkey hunter and fisherman delight sits on 1.85 acres in the heart of thousands of acres of national forest and only a few miles from Lake Sam Rayburn.
PROPERTY FACTS
| Price | $650,000 | Building Class | C |
| Price Per Room | $43,333 | Lot Size | 2.10 AC |
| Sale Type | Investment | Building Size | 4,730 SF |
| Cap Rate | 8% | No. Rooms | 15 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1987 |
| Property Subtype | Hotel | Opportunity Zone |
Yes
|
| Price | $650,000 |
| Price Per Room | $43,333 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 4,730 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built | 1987 |
| Opportunity Zone |
Yes |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0020368 | Improvements Assessment | $64,610 |
| Land Assessment | $2,720 | Total Assessment | $67,330 |
PROPERTY TAXES
Parcel Number
0020368
Land Assessment
$2,720
Improvements Assessment
$64,610
Total Assessment
$67,330
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Country Inn Motel
Country Inn Motel | 129 County Road 350
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