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1707 State Highway 16 S
Graham, TX 76450
Best Western Plus Graham Inn · Hospitality Property For Sale
·
29,789 SF

PROPERTY FACTS
| Property Type | Hospitality | Building Size | 29,789 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built | 2004 |
| Lot Size | 3.16 AC | Corridor | Interior |
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.16 AC |
| Building Size | 29,789 SF |
| No. Stories | 3 |
| Year Built | 2004 |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
ABOUT 1707 STATE HIGHWAY 16 S , GRAHAM, TX 76450
Building: 61 rooms within a 29,789 SF, three-story, interior corridor, building. The hotel was constructed in 2004, with wood frame and stucco exterior. The foundation and slab are concrete. The roof is pitched with asphalt shingles. Concrete parking lot. There is a 1,300 SF canopy covered entrance leading to the reception and lobby. Rooms: The mix consists of 36 King Suites, and 25 Double Queens. Each King suite has a small seating area with a sofa or easy chair and a desk & chair. Each Double Queen offers a desk & chair. Room amenities; cable TV, coffee maker, hair dryer, WIFI, microwave, refrigerator, desk lamp and art work. Amenities:The hotel offers meeting space, an on-site fitness center, fully equipped business center, an outside pool, and guest laundry on 2nd & 3rd floors. Additionally, guests are offered a complimentary breakfast, a free newspaper and guest parking. Subject is located in Graham' s southern area. This area is developed uses include; Graham' s Regional Medical Center, a Walmart Super Store, McDonald' s, and local or national franchised retailers. The neighborhood is easily accessible. Graham has a population of 8,865 people and is in Young County (pop. 18,329), Texas. This location is served by US Hwy 380 which runs east to Decatur and Denton and west Lubbock. State Hwy 16 angles NW and NE through Graham and continues north to Wichita Falls. State Highway 67 runs NE/SW connecting Graham with Breckenridge. Young and the surrounding counties are oil and gas producing areas. They are within the Fort Worth Basin with some being within the Barnett Shale Basin. Oil patch exploration, development and maintenance are significant employment generators for the region. Development of gas shale will continue the employment opportunities. Now with an emphasis on Wind Energy, the region has renewable opportunities as hill tops are being developed with wind farms
PROPERTY TAXES
| Parcel Number | 13740 | Improvements Assessment | $2,740,230 |
| Land Assessment | $139,830 | Total Assessment | $2,880,060 |
PROPERTY TAXES
Listing ID: 5729012
Date on Market: 2/2/2017
Last Updated:
Address: 1707 State Highway 16 S, Graham, TX 76450
