600 Palestine St, Mexia, TX 76667

65 Room Hotel | Mexia, TX 76667 | $2,500,000 ($38,462/Room) | 7.74% Cap Rate

Asking Price $2,500,000

Property Type: Hospitality
Square Feet: 58,909 SF

Listing Contacts

MANISH PATEL

Property Overview

1, BUILDING SEPARATE 65 ROOM MOTEL
2, BUILDING TWO SEPARATE RENTAL SPACE LONG-TERM LEASE $4500 RENT PER MONTH
3, BULIDING MOTEL OFFICE - LAUNDRY ROOM WITH 5 BEDROOM HOME FOR MANAGER/OWNER
MOTEL LOCATED AT HIGHWAY 14 & HIGHWAY 84 CORNER

Property Details

Class: C
Year Built/Renovated: 1989/2016
Stories: 2
Property Subtype: Hotel
Lot Size (sq. ft): 98,010 SF
Units: 65

Highlights

65ROOM MOTEL WiTH 2 Rental Space For Sale In North Texas... ON SIDE RESTAURANT OUTDOOR POOL • •

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