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Country Inn Motel 129 County Road 350 15 Room Hotel Broaddus, TX 75929 $903,305 CAD ($60,220 CAD/Room) 8% Cap Rate
Executive Summary
Country Inn Motel, a continuously running motel for almost 40 years, is located mid-lake on Texas' largest lake, Lake Sam Rayburn. Conveniently situated along Hwy.147 near the town of Broaddus in the Angelina National Forest and near Bannister Wildlife Management Area, this 11 unit Mom/Pop Motel is rated #1 in the area. In addition to regular motel rooms, there is a 1 Bedroom/1 Bath apartment with a large kitchen and living room attached to the main building and a 2 Bedroom/ 2Bath home with a porch that nearly wraps around the house. This turnkey hunter and fisherman delight sits on 1.85 acres in the heart of thousands of acres of national forest and only a few miles from Lake Sam Rayburn.
Property Facts
| Price | $903,305 CAD | Lot Size | 2.10 AC |
| Price Per Room | $60,220 CAD | Building Size | 4,730 SF |
| Sale Type | Investment | No. Rooms | 15 |
| Cap Rate | 8% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 1977 |
| Property Type | Hospitality | Corridor | Exterior |
| Property Subtype | Hotel | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $903,305 CAD |
| Price Per Room | $60,220 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 4,730 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built | 1977 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $208.46 CAD | - |
| Guest Room | 13 | $113.96 CAD | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0020368 | Improvements Assessment | $88,567 CAD |
| Land Assessment | $3,729 CAD | Total Assessment | $92,295 CAD |
Property Taxes
Parcel Number
0020368
Land Assessment
$3,729 CAD
Improvements Assessment
$88,567 CAD
Total Assessment
$92,295 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Mary Naumann
Country Inn Motel | 129 County Road 350
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