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Investment Highlights

  • 37 uniquely themed rooms
  • Established motel with strong name recognition in the area
  • Comfortable and inviting atmosphere
  • Centrally located with easy access to highways and local attractions.

Executive Summary

This historic motel features 37 uniquely themed rooms, suites, and apartments nestled across 4 beautiful acres, with every room furnished in a tasteful and elegant manner that creates a memorable guest experience and continues the long standing 5 star tradition of Rainbow Courts. The property also features a beautiful, expansive garden that serves as an ideal setting for weddings, reunions, and other special events, offering a unique amenity that can attract guests and create additional revenue opportunities. The motel is a turnkey operation ready for a new owner to step in and continue its legacy. The current owners live on property in an adorable 2BR/2BA home that adjoins the front office area, featuring hardwood floors, top of the line appliances, a family room, a glassed rear entryway, and an inviting, comfortable atmosphere. This residential area could continue to serve as an owner’s residence, be converted into additional lodging for guests, or be transformed into an on site restaurant or community gathering space. Don’t miss this once in a lifetime opportunity to own a truly special hospitality property.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.23 AC
Building Size 15,000 SF
No. Rooms 38
No. Stories 1
Year Built 1918
Corridor Exterior
Opportunity Zone Yes
Zoning C - Commercial

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 $173.09 CAD -
Guest Room 23 $98.91 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R26021
  • R27024
  • R27415
  • R26741
  • R27323
  • R27220
  • R25180
  • R25653
  • R26473
  • R25265
Land Assessment
$563,321 CAD
Improvements Assessment
$2,979,654 CAD
Total Assessment
$3,542,975 CAD
  • Listing ID: 30876122

  • Date on Market: 2024-02-05

  • Last Updated:

  • Address: 915 E Cameron Ave, Rockdale, TX 76567

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