Hotel Matador

Hospitality for Sale
Catylist Listing ID: 30217692
Property Subtypes: Bed & Breakfast, Hotel, Motel, Resort, Vacation Rental(s)
Number of Units: 8 Units
Building Size (RSF): 10,131 SF
Gross Building Area: See Agent
Sale Price: $375,000
Unit Price: $46,875 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Hotel Matador
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/29/2018

Overview / Comments

Hotel Matador is an elegantly restored historic bed and breakfast in
downtown Matador, Texas. This West Texas community has a rich
ranching heritage, offers abundant hunting opportunities, and is located in
the beautiful Caprock Foothills. The lower level features a lobby, dining
room, heritage suite, kitchen, pantry, restroom, one guest room and
equipment closet. Guest can enjoy the outdoors in the covered porch in
the back of the main level. The second level features 8 beautifully
appointed guest rooms each with a private bathroom. This Hotel was
featured in Texas Highways Magazine.

Located on on Main Street in Matador, Texas just off Highway 62. Approximately two hours South East of Amarillo and Approximately one hour North East of Lubbock.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Motley
Submarket Type: Historic District
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Site Description: Hotel Matador is a elegantly restored historic bed and breakfast in downtown Matador, Texas. This West Texas community has a rich ranching heritage, offers abundant hunting opportunities, and is located in the beautiful Caprock Foothills. The lower level features a lobby, dining room, heritage suite, kitchen, pantry, restroom, one guest room and equipment closet. Guests can enjoy the outdoors in the covered porch in the back of the main level. The second level features 8 beautifully appointed guest rooms each with a private bathroom. This Hotel was featured in Texas Highways Magazine. Located on on Main Street in Matador, Texas just off Highway 62. Approximately two hours South East of Amarillo and Approximately one hour North East of Lubbock.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 596 596 1,210
Median Age: 47.05 47.05 48.86
Households: 272 272 542

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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