Lockney Inn 605 W. U.S. Hwy 70 12 Room Hotel Lockney, TX 79241 $518,831 CAD ($43,236 CAD/Room)

This 12 room motel with 6 RV hook-ups positioned between Dollar General Market and Old Maroon Saloon has fantastic visibility along the frontage road of U.S. Hwy 70 heading W. between Plainview and Floydada in Lockney, TX. Nightly rates range from $60 - $100 per night depending on single, double or triple bed unit. Improvements completed over the last 5 years include a new metal roof, concrete parking lot, heating & cooling units in each room and updating the bathrooms. The property is made up of 2 buildings: reception / owner's living quarters (2 bed / 1 bath / living / kitchen / laundry) = 1,475 sf while the available rooms for rent and a large mechanical room / supply closet = 3,600 sf. This is a great opportunity for someone who is savvy in social media marketing and booking technology to collaborate with other entrepreneurs and capitalize on local events like Punkin' Days, class reunions, hunting season, Old Fashion Saturdays, weddings, family reunions, Old Settler's Reunion and more!