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Rainbow Courts Motel 915 E Cameron Ave 38 Room Hotel Rockdale, TX 76567 For Sale

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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 has 37 uniquely themed rooms, suites & apartments and is nestled on 4 acres! Every room is uniquely furnished in the most tasteful & elegant manner. The Motel is a turnkey operation and ready for a new owner to continue the 5-star tradition of Rainbow Courts. The current owners live on property in a lavish 2BR/2BA home that adjoins the front office area. The home is embellished with hardwood floors, top-of-the-line appliances,
a family room, a glassed rear entryway, and a comfortable and inviting atmosphere. This owner's residential area could continue to be used as an owner's residence or could be converted into additional lodging for guests. It could also be easily converted into an on-property restaurant or community gathering area for guests.

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 $174.45 CAD -
Guest Room 23 $99.68 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R27220
  • R27415
  • R27024
  • R26741
  • R25180
  • R27323
  • R25653
  • R26473
  • R25265
Land Assessment
$96,224 CAD
Improvements Assessment
$2,194,418 CAD
Total Assessment
$2,290,641 CAD
  • Listing ID: 30876122

  • Date on Market: 2024-02-05

  • Last Updated:

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

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