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250 E James St
Cleburne, TX 76031
Liberty Hotel, an Ascend Collection Hotel · Hospitality Property For Sale
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44,872 SF
Investment Highlights
- Historic Ascend Collection Hotel offering fifty rooms, a first-floor retail space, and offices that can be converted into conference or event space.
- Received over $4 million in capital investment since the early 2000s now providing modern amenities alongside historic charm. Fee simple sale.
- Sits strategically near major traffic drivers including the Plaza Theatre Company, Splash Station water park, and the Cleburne Conference Center.
- Strong local hospitality market performance, with ADR up 8.3% and RevPAR up 10%, offering strong potential to a value-add investor.
Property Facts
| Sale Condition | Auction Sale | Building Size | 44,872 SF |
| Type of Ownership | Fee Simple | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1923/2009 |
| Property Subtype | Hotel | Parking Ratio | 0.28/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.53 AC | Parcel Number | 126-2800-00940 |
| Zoning | F1 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 44,872 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1923/2009 |
| Parking Ratio | 0.28/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
| Parcel Number | 126-2800-00940 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
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