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3501 US Highway 259 N
Kilgore, TX 75662
Motel 6 · Hospitality Property For Sale
·
36,352 SF

PROPERTY FACTS
| Property Type | Hospitality | Building Size | 36,352 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1982/2020 |
| Lot Size | 3.77 AC | Corridor | Exterior |
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.77 AC |
| Building Size | 36,352 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2020 |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
ABOUT 3501 US HIGHWAY 259 N , KILGORE, TX 75662
No PIP. Newly renovated to Gemini standards. This property is one of the few in Texas to have the new room concept. This independent property was purchased in Oct 2019. The Motel 6 name was signed and will conduct business as the franchise beginning Feb 25th 2020. All of the guest rooms have been completely revamped. New toilets, tubs, surrounds, vanity, FF&E. The oversized rooms show beautifully. Seller will finish off the excess space inside the freestanding office per buyer request. The space can be finish as a large meeting room or possibly a 3 bedroom 2 bath managers living quarters. Office features the Motel 6 standard coffee station and night window. Exterior has been painted the new Gemini colors. Nice solid concrete parking lot and newer 2010 TPO roof. Pool has been re-plastered and new tile installed. There is no sales revenue history for this property. Buyer is advised to do their own due diligence and projections based on Kilgore comp set. Please do not call the property directly. All showings will need to be scheduled in advance. Buyer discretion is requested. Call for more information Monday thru Friday 9am - 5pm central standard time.
PROPERTY TAXES
| Parcel Number | 18665 | Improvements Assessment | $2,694,160 |
| Land Assessment | $531,000 | Total Assessment | $3,225,160 |
PROPERTY TAXES
Listing ID: 18435406
Date on Market: 2/6/2020
Last Updated:
Address: 3501 US Highway 259 N, Kilgore, TX 75662
