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5864 Highway 281
Three Rivers, TX 78071
Lux Inn & Suites · Hospitality Property For Sale · 18,506 SF

INVESTMENT HIGHLIGHTS

  • The property boasts a spacious 32-unit motel, offering substantial potential for a thriving hospitality business.
  • Situated along Highway 281 and conveniently connected to the major I-37 freeway.
  • Built in 2012, this property is fully equipped with contemporary amenities.
  • Seller is willing to provide owner financing.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.53 AC
Building Size 18,506 SF
No. Stories 2
Year Built 2012
Parking Ratio 1.78/1,000 SF
Corridor Exterior
Zoning COMMERCIAL

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0390-3300-0218-00
Land Assessment
$263,526
Improvements Assessment
$541,007
Total Assessment
$804,533
  • Listing ID: 31292500

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 5864 Highway 281, Three Rivers, TX 78071

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