335 S Shelby St
Carthage, TX 75633
Economy Inn · Hospitality Property For Sale · 18,150 SF

Excellent opportunity for owner operator looking to become a first time entrepreneur or interested in expanding their current hotel/motel investment portfolio. Independent Motel located on busy highway 59 business with 13 rooms, owner's living quarters, separate laundry, and office space. Carport parking space for each room and ample storage room on-site. Recently remodeled rooms with fresh paint and new beds. New Video monitoring system installed for security. Property located walking distance and/or 2 blocks from downtown city center Carthage! Carthage is home to Country Music Hall of Fame, historic Main Street district, annual Quilt Festival, and an annual Rodeo among other community activities. Carthage has multiple large companies with manufacturing facilities and employment opportunities including Tyson Chicken, Union Pacific Railroad, Baker Hughes, Anadarko Petroleum, Smith Energy, DCP Midstream, Gulf South Pipeline and Devon Energy among others. The city has many great schools as well as a Panola Community College less than 3 miles away! Nearby major cities include Shreveport, LA (40 mi) with various Las Vegas style casinos and entertainment. Longview and Tyler TX are located within 40-60 mi. Houston is 190 mi south of Carthage and Dallas is 150 mi west of Carthage.