Texas Motor Inn

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30633214
Property Subtypes: Motel
Status: Pending
Number of Units: 74 Units
Building Size (RSF): 25,504 SF
Gross Building Area: See Agent
Gross Land Area: 1.87 Acres
Sale Price: $525,000
Unit Price: $7,094.59 Per Unit
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

Hotel on I-27 N. Perfect location for future buildings, retail, hotels, convenience stores, close to airport!.

Location, Location, Location!
On N Interstate 27
Easy Access to Loop 289
Motivated Seller!!

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R41329
Retail Clientele: General
Property Located Between: On I - 27 Highway
Property Visibility: Excellent
Largest Nearby Street: loop 289 and I 27
Highway Access: Interstate 27 and Loop 289
Airports: Lubbock International Air Port
Site Description: Located on the Interstate 27 frontage road near North Loop 289.
Number of Stories: 2
Year Built: 1973
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 919 37,677 107,008
Median Age: 39.71 27.97 29.69
Households: 346 11,499 38,461


Photograph of Listing Agent

Sue Stephens, ALC

WestMark Commercial | TCN Worldwide West Texas CIE Member
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