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Tahoka Motel 2500 N Main St 11 Room Hotel Tahoka, TX 79373 $415,350 CAD ($37,759 CAD/Room)



INVESTMENT HIGHLIGHTS
- Located Near US Hwy 87
- RV Parking/Hookups
- On-Site Residence
EXECUTIVE SUMMARY
NEW ROOF! Nestled just off the bustling US Hwy 87, is a promising opportunity for an eager investor! The value-add motel is a hidden gem waiting for someone with vision and ambition to unlock its full potential. Located at 2500 N Main St, SH Loop 472 in Tahoka, Texas.
The motel, sitting on a spacious .634-acre lot, offers 12 keys, includes an on-site 1-bed/1-bath residence, where an owner can be close to the heart of the operation or as a suite for additional income, and 11 1-bed/1-bath guest rooms ready for a new chapter.
Guests may enter the front glass door to be greeted at a reception desk. Continuing trough a sliding door, there is a sitting room/living room/lounge to the left, and a full kitchen to the right. Further down on the right is a laundry/housekeeping room with an exterior door. Down the hall to the left is a bedroom and a full bath. Beyond the hall bathroom, there is inside access to one of the 11 guest rooms with a full bath, also featuring an exterior door. The remaining guest rooms are accessed only from the outside, along with a maintenance storage closet.
US Hwy 87 stretches from the northern reaches of Montana to the sun-drenched Texas Gulf Coast, via Amarillo, Lubbock, San Angelo, Fredericksburg, and Victoria.
Tahoka, Texas is 30 miles south of Lubbock, a thriving hub of commerce and culture, and 90 miles from Midland, a city at the heart of the Permian Basin, known for its oil-rich landscapes and economic opportunities - think The Landman!
Guests may enter the front glass door to be greeted at a reception desk. Continuing trough a sliding door, there is a sitting room/living room/lounge to the left, and a full kitchen to the right. Further down on the right is a laundry/housekeeping room with an exterior door. Down the hall to the left is a bedroom and a full bath. Beyond the hall bathroom, there is inside access to one of the 11 guest rooms with a full bath, also featuring an exterior door. The remaining guest rooms are accessed only from the outside, along with a maintenance storage closet.
The motel, sitting on a spacious .634-acre lot, offers 12 keys, includes an on-site 1-bed/1-bath residence, where an owner can be close to the heart of the operation or as a suite for additional income, and 11 1-bed/1-bath guest rooms ready for a new chapter.
Guests may enter the front glass door to be greeted at a reception desk. Continuing trough a sliding door, there is a sitting room/living room/lounge to the left, and a full kitchen to the right. Further down on the right is a laundry/housekeeping room with an exterior door. Down the hall to the left is a bedroom and a full bath. Beyond the hall bathroom, there is inside access to one of the 11 guest rooms with a full bath, also featuring an exterior door. The remaining guest rooms are accessed only from the outside, along with a maintenance storage closet.
US Hwy 87 stretches from the northern reaches of Montana to the sun-drenched Texas Gulf Coast, via Amarillo, Lubbock, San Angelo, Fredericksburg, and Victoria.
Tahoka, Texas is 30 miles south of Lubbock, a thriving hub of commerce and culture, and 90 miles from Midland, a city at the heart of the Permian Basin, known for its oil-rich landscapes and economic opportunities - think The Landman!
Guests may enter the front glass door to be greeted at a reception desk. Continuing trough a sliding door, there is a sitting room/living room/lounge to the left, and a full kitchen to the right. Further down on the right is a laundry/housekeeping room with an exterior door. Down the hall to the left is a bedroom and a full bath. Beyond the hall bathroom, there is inside access to one of the 11 guest rooms with a full bath, also featuring an exterior door. The remaining guest rooms are accessed only from the outside, along with a maintenance storage closet.
PROPERTY FACTS
| Price | $415,350 CAD | Building Size | 4,800 SF |
| Price Per Room | $37,759 CAD | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1972 |
| Property Subtype | Hotel | Parking Ratio | 4.17/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.79 AC | ||
| Zoning | Commercial | ||
| Price | $415,350 CAD |
| Price Per Room | $37,759 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 4,800 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 4.17/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 11 | $76.15 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 03765 | Improvements Assessment | $214,577 CAD |
| Land Assessment | $6,183 CAD | Total Assessment | $220,760 CAD |
PROPERTY TAXES
Parcel Number
03765
Land Assessment
$6,183 CAD
Improvements Assessment
$214,577 CAD
Total Assessment
$220,760 CAD
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Tahoka Motel | 2500 N Main St
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