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512 E Riley St
Freer, TX 78357
Budget Inn & Suites · Hospitality Property For Sale · 50,738 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.03 AC
Building Size 50,738 SF
No. Stories 2
Year Built/Renovated 1960/2014
Parking Ratio 0.53/1,000 SF
Corridor Exterior
Zoning RES - Residential

Amenities

  • Public Access Wifi

About 512 E RILEY ST , FREER, TX 78357

General Information - Two story building with 26 rooms - Large 3 bedroom living quarter including dining area, kitchen, living room attached with Motel front office - Located on Express Hwy 59 and Hwy 44 right across Dairy Queen - Excellent investment opportunity due to current owner planning to retire - Owner finance can be looked into upon legitimate offer - Property conditioned well maintained and ready to operate - Can be manageable by a couple - Property in person visit can be scheduled by calling at 361-207-4343 or emailing at vijnaik@gmail.com - Every year in month of April is "Freer Rattle Snake Round Up" held similar to fair attracting high customer base - Three town's famous restaurants by walking distance - Each room have 44 inch LED Screen TV - Price/Room: $14, 808 - Building Class: C Room Information - 5 Single Rooms with Queen Size Bed - 3 Rooms with King Size Bed - 10 Rooms with Two Queen Size Beds - 6 Rooms with Two Full Size Beds - 2 Rooms with Three Queen Size Beds - 26 Rooms Total

Property Taxes

Property Taxes

Parcel Number
000000010765
Land Assessment
$49,500
Improvements Assessment
$225,500
Total Assessment
$275,000
  • Listing ID: 27178968

  • Date on Market: 11/23/2022

  • Last Updated:

  • Address: 512 E Riley St, Freer, TX 78357

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