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This Hospitality Property is no longer advertised on LoopNet.com.

1530 Texoma Pky
Sherman, TX 75090
 Economy Inn · Hospitality Property For Sale · 29,530 SF

Hotels Texas Sherman 1530 Texoma Pky, Sherman, TX 75090

INVESTMENT HIGHLIGHTS

  • High Traffic
  • Great Location

PROPERTY FACTS

Property Type Hospitality Building Size 29,530 SF
Property Subtype Hotel No. Stories 2
Building Class C Year Built 1963
Lot Size 3.14 AC Parking Ratio 1.49/1,000 SF
Construction Status Converted Corridor Exterior
Zoning C-2 - General Commercial District
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.14 AC
Construction Status Converted
Building Size 29,530 SF
No. Stories 2
Year Built 1963
Parking Ratio 1.49/1,000 SF
Corridor Exterior
Zoning C-2 - General Commercial District

ABOUT 1530 TEXOMA PKY , SHERMAN, TX 75090

Prime investment opportunity in the rapidly growing city of Sherman, TX. 66 room hotel with retail/restaurant space sitting on over 3 acres. Located on Texoma Parkway by North Central Expressway (Highway 75). Hotel is mismanaged but operation and needs be renovated to gain full potential of the business, as well as proper management. Former Holiday Inn Hotel with a legendary restaurant. Great setting and location. To get an idea of the demand in the area check the surrounding hotels, nearly all of them have no vacancy. Email if interested.

PROPERTY TAXES

Parcel Number 157394 Improvements Assessment $0
Land Assessment $524,889 Total Assessment $524,889

PROPERTY TAXES

Parcel Number
157394
Land Assessment
$524,889
Improvements Assessment
$0
Total Assessment
$524,889
 

  • Listing ID: 21741249

  • Date on Market: 12/14/2020

  • Last Updated:

  • Address: 1530 Texoma Pky, Sherman, TX 75090

More public record information on 1530 Texoma Pky, Sherman, TX 75090

The Hospitality Property at 1530 Texoma Pky, Sherman, TX 75090 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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