Commercial Real Estate in United States available for sale
Motels For Sale

Motels for Sale in USA

More details for 7021 In-930, Fort Wayne, IN - Hospitality for Sale

Midwest Motel - 7021 In-930

Fort Wayne, IN 46803

  • Motel
  • Hospitality for Sale
  • $1,516,163 CAD
  • 3,516 SF
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More details for 912 W Dillon Rd, Louisville, CO - Hospitality for Sale

Hampton by Hilton Inn Boulder/Louisville - 912 W Dillon Rd

Louisville, CO 80027

  • Motel
  • Hospitality for Sale
  • $10,337,475 CAD
  • 40,230 SF
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More details for 2440 Gulf Fwy, Texas City, TX - Hospitality for Sale

Holiday Inn Express & Suites Texas City - 2440 Gulf Fwy

Texas City, TX 77591

  • Motel
  • Hospitality for Sale
  • $9,234,811 CAD
  • 48,292 SF
  • Fitness Center
  • Pool

Texas City Hospitality for Sale - Southeast Outlier

INVESTMENT HIGHLIGHTS: Attractive Pricing Metrics: Offered below replacement cost at under $93,056 per key and a 3.86 RRM. Turnkey Investment with Minimal PIP: Extensive renovations completed in 2019–2020 bring the asset into compliance with IHG standards. Strong and Diverse Demand Drivers: Sustained occupancy from industrial, maritime, leisure travel, supported by proximity to petrochemical complexes, Texas City Industrial Complex, and cruise traffic. Prime Freeway Location: Positioned directly along I-45 (Gulf Freeway), providing direct connectivity between Houston and Galveston and convenient access to major employers and the Port of Galveston. Brand Strength and Market Performance: Holiday Inn Express & Suites, a flagship brand of IHG, continues to deliver consistent revenue performance, high brand loyalty, and broad customer recognition. INVESTMENT OVERVIEW: As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Holiday Inn Express & Suites Texas City (‘Hotel’ or ‘Property’) located at 2440 Gulf Freeway in Texas City, Texas. This IHG-branded Hotel is offered at $6,700,000 or $93,056 per key. This four-story, limited-service hotel was constructed in 2006 on a 1.33-acre parcel, offering 72 guest rooms across 48,292 square feet of gross building area. Positioned along the Gulf Freeway (Interstate 45), the Holiday Inn Express & Suites providing investors a compelling opportunity to acquire a strong-performing hospitality asset in a high-demand market corridor connecting Houston and Galveston. The Hotel features a mix of guest rooms and suites, modern common areas, and a full complement of amenities including complimentary hot breakfast, outdoor pool, fitness center, business center, and meeting accommodations. The hotel underwent a full renovation in 2019–2020, bringing the property into full compliance with current IHG brand standards and ensuring minimal future Property Improvement Plan (PIP) requirements for a new owner. Major upgrades included the replacement of 60 PTAC units, all upper-floor HVAC systems, and complete stucco and plywood replacement on the east and west elevations. Additional enhancements comprised new commercial laundry equipment, 50 televisions, 45 toilet pressure tanks, 20 king mattresses, 50 microwaves, 45 refrigerators, and upgraded LED lighting throughout the parking lot. The property also received new flagpoles, attic ventilation fans, a pool compressor, elevator room A/C, and a modernized fire panel with new sprinkler heads. Within the next six months, ownership plans to complete the elevator door system replacement project, further improving operational reliability and guest experience. Texas City is a thriving industrial and commercial hub located along the Texas Gulf Coast, supported by a robust mix of petrochemical, manufacturing, logistics, and maritime industries. The property’s strategic location is less than 20 miles from the Port of Galveston and less than 12 miles from the Port of Texas City, both of which drive consistent lodging demand from contractors, maritime workers, and corporate travelers. In 2024, the Port of Galveston saw nearly 1.5 million cruise passengers across 354 sailings, with projections for 2025 exceeding 1.75 million passengers, further enhancing area hotel demand. Moreover, leisure and tourism activity remain strong, with nearby attractions including Galveston Island, Moody Gardens, Schlitterbahn Waterpark, and the Tanger Outlets in Texas City. The area is also home to Lago Mar, a 2,033-acre master-planned community that will feature several lakes, open areas, parks, walking trails, and the nation’s largest crystal lagoon. When complete, the community will have 4,500 homes and approximately 14,000 residents.

Contact:

Marcus & Millichap

Property Subtype:

Hotel

Date on Market:

2025-11-13

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More details for 0 Jo Mary Island Ave N, Indian Purchase Township, ME - Specialty for Sale

0 Jo Mary Island Ave N

Indian Purchase Township, ME 04462

  • Motel
  • Specialty for Sale
  • $1,516,163 CAD
  • 8,000 SF
  • Waterfront

Indian Purchase Township Specialty for Sale

Rare North Maine Woods Family Compound, Corporate Retreat….A Turnkey Legacy Property in the Katahdin Region. A once-in-a-lifetime opportunity to own a private compound on 6.4 deeded acres with 3,300 feet of lake frontage in Maine’s Katahdin region. Located within the secure, gated Jo-Mary area of the North Maine Woods, this property offers unmatched privacy, natural beauty, and modern off-grid comfort. The main lodge, built in the 1970s, is thoughtfully designed for gatherings, with four bedrooms, 2.5 baths, a spacious kitchen, great room, and living room with incredible water views. A full basement with laundry, utility, and workshop rooms, makes this truly a three-story lodge built for comfort and connection. Since acquiring the property in 2020, the current owners have invested heavily in revitalizing the infrastructure—adding a modern solar system, generators, kitchen and bath upgrades, and convenient dock systems for easy water access and more. The features include a comfortable main lodge designed for gatherings, eleven buildings in total, including multiple guest cabins—all but one fully outfitted and ready for use. Convenient dock access for boats and floatplane and deeded access to parking. Turnkey property, furnished and staged for immediate enjoyment. Located in the heart of the Katahdin region’s lakes and forests with frontage on two lakes. Those who spend time at this one-of-a-kind property often remark, ‘You have something truly rare here—places like this simply don’t exist anymore.’ This unique property offers a rare chance to become the next steward of a legacy property—where generations can unplug, reconnect, and build lifelong memories surrounded by the quiet of the North Maine Woods. Currently running as sporting camps in the Katahdin Region.

Contact:

Maine Outdoor Properties Team-Realty of Maine

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-11-13

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More details for 1951 E Benson Hwy, Tucson, AZ - Multifamily for Sale

Wagon Wheel Inn Efficiency Apartments - 1951 E Benson Hwy

Tucson, AZ 85714

  • Motel
  • Multifamily for Sale
  • $723,623 CAD
  • 3,875 SF
  • Air Conditioning
  • Kitchen
  • Smoke Detector

Tucson Multifamily for Sale - Southwest Tucson

Wagon Wheel Apartments, located in South Tucson, presents a prime opportunity for investors to capitalize on the rapid growth occurring along I-10 and Kino Parkway. This property offers a unique blend of apartments and mobile homes, creating a diversified investment profile. The asset includes (9) studios and (1) 1BD/1BA apartment complex and 6 mobile homes consisting of (3) 1BD/1BA and (3) 2BD/1BA — for a total of 16 units/spaces. The interiors are spacious and well-maintained, featuring tile flooring throughout, recently painted units, and select upgrades such as new doors and some with modern finishes. Significant upside remains through comprehensive renovations, including updated countertops, modern flooring, and fresh paint. These enhancements would align the property with current market trends, increase tenant satisfaction and retention, and ultimately boost the property’s NOI. Utilities are currently master-metered and paid for by owner. A RUBS Program could be implemented to recoup some of the expense and shift majority back to the tenants responsibility. Tenants benefit from ample parking, and ownership enjoys low landscaping costs thanks to the desert-friendly design. With targeted renovations, new ownership can fully unlock Wagon Wheel’s potential — elevating the tenant experience and positioning the property for rent growth consistent with market demand. Strategically located in South Tucson, Wagon Wheel offers convenient access to Tucson Marketplace, Kino Park and Sports Complex, and the newly underway Mosaic Quarters development. The property attracts a diverse tenant base seeking proximity to employment centers, retail, dining, and entertainment. Its location near emerging commercial corridors enhances both tenant appeal and long-term investment value, making Wagon Wheel an ideal opportunity for investors seeking stable returns with strong growth potential.

Contact:

Cushman & Wakefield | PICOR

Property Subtype:

Apartment

Date on Market:

2025-11-13

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More details for 85 Pallottas Hill Rd, Ludlow, VT - Land for Sale

85 Pallottas Hill Rd

Ludlow, VT 05149

  • Motel
  • Land for Sale
  • $7,580,815 CAD
  • 127 AC Lot
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More details for 967 McAfee Glenwood Rd, Glenwood, NJ - Hospitality for Sale

Fox & Bear Lodge - 967 McAfee Glenwood Rd

Glenwood, NJ 07418

  • Motel
  • Hospitality for Sale
  • $1,860,745 CAD
  • 3,998 SF
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More details for 5720 E Bannister Rd, Kansas City, MO - Retail for Sale

Chipotle - 5720 E Bannister Rd

Kansas City, MO 64137

  • Motel
  • Retail for Sale
  • $4,686,322 CAD
  • 2,400 SF
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More details for 302 Missouri Ave, Deer Lodge, MT - Retail for Sale

Renovated Downtown - 302 Missouri Ave

Deer Lodge, MT 59722

  • Motel
  • Retail for Sale
  • $1,013,073 CAD
  • 3,038 SF
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More details for Kings Bay Rd, Saint Marys, GA - Land for Sale

3.26 Acre Corner Commercial Lot Kings Bay Rd - Kings Bay Rd

Saint Marys, GA 31558

  • Motel
  • Land for Sale
  • $1,378,329 CAD
  • 3.26 AC Lot

Saint Marys Land for Sale

This listing presents a 3.26 ± acre C-2–zoned commercial corner parcel at Kings Bay Road and Barrier Island Way in St. Marys, Camden County, GA. Featuring dual road frontage, level topography, and ~12,200 AADT (GDOT 2024), the site delivers exceptional exposure for commercial operators, destination retail, and service-based businesses serving both local residents and regional commuter traffic between Kingsland and Jacksonville. Market Overview The Kings Bay Road corridor serves as the primary commercial spine for St. Marys, connecting major residential communities to the Naval Submarine Base Kings Bay (one of the area’s largest employers) and I-95 at Exit 3. Recent growth includes new multifamily projects, national retail expansions, and increasing medical and professional office demand. Population growth remains steady at approximately 1–2% annually as the Jacksonville MSA continues expanding northward. Commercial absorption in the area is driven by rising household counts, strong traffic flow, and expanding employment from the base and local healthcare sector. Property Details Size: 3.26 ± acres (approx. 142,000 SF) Frontage: Corner parcel with access on both Kings Bay Road and Barrier Island Way Topography: Level, wooded, and ready for development Zoning: C-2 General Commercial – wide range of permitted uses Utilities: Water and sewer available nearby (buyer to verify) Traffic: ~12,200 VPD per GDOT 2024 Asking Price: $999,999 (~$306,000 per acre) Development & Zoning Context C-2 zoning supports a broad mix of commercial and professional uses, including: • Retail centers & neighborhood shopping • Medical, dental, and professional office buildings • Quick-service restaurants & dine-in restaurants • Banks, credit unions, & financial services • Car wash and auto-service facilities • Personal service businesses • Hotels, specialty retail, and more Previous Concept Planning A prior conceptual plan (non-binding and not submitted for approvals) explored the feasibility of car wash, mini-storage, and mixed-commercial layouts on this parcel. This concept demonstrated that the site’s geometry, topography, and utility accessibility can accommodate a variety of commercial footprints. Buyers may choose to revisit similar development strategies or pursue alternative designs suited to their use. Nothing from the prior concept is approved or guaranteed, but it provides valuable insight into potential site utilization, circulation planning, and stormwater layouts that may guide future due diligence. Site Engineering Benefits • Corner configuration supports multiple access points • Strong traffic flow provides marketing & signage value • Flat grade reduces upfront site preparation • Natural drainage patterns may allow for efficient stormwater design • No existing structures, leases, or encumbrances to remove Surrounding Commercial Uses The parcel is centrally positioned within a thriving commercial cluster that includes: • Walmart + 24 additional retailers • Bath & Body Works • Pineland Bank • T-Mobile • Pet Supplies Plus • Wing Maxx, Wasabi Sushi, Huey Magoo’s • Ellianos Coffee • Dental & medical clinics • Urgent care, pharmacies, specialty health services • JP’s Spirits & Wines • Multiple restaurants & neighborhood services New multifamily development directly adjacent to the property includes 144 apartments under construction, plus additional housing phases nearby—substantially increasing future customer traffic. Potential Development Scenarios This parcel is well-suited for: • Car Wash • Climate-Controlled Mini Storage or Flex Storage • Medical Office or Multi-Suite Professional Complex • Retail Center or Multi-Tenant Strip • Quick-Service Restaurants (QSR) • Fuel / C-Store (subject to approvals) • Mixed-Use Office/Retail • Owner-user commercial building • Investment hold for future redevelopment The property’s size and shape also allow for subdivision, build-to-suit, or phased development strategies. Investment Highlights • High-visibility corner in St. Marys’ commercial district • ~12,200 AADT provides strong traffic exposure • Proven market demand from nearby residential & multifamily growth • Expanding commercial presence along Kings Bay Rd • Level site allows efficient build-out • Suitable for owner-user, investor, or long-term developer strategy • Prior conceptual plans validate multiple potential development approaches

Contact:

Coastal Roots Realty

Property Subtype:

Commercial

Date on Market:

2025-11-12

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More details for 811 S Mulberry Ave, Butler, AL - Hospitality for Sale

Economy Inn - 811 S Mulberry Ave

Butler, AL 36904

  • Motel
  • Hospitality for Sale
  • $508,604 CAD
  • 8,955 SF
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More details for 9520 Valparaiso Ct, Indianapolis, IN - Hospitality for Sale

Red Roof Inn Indianapolis North - College - 9520 Valparaiso Ct

Indianapolis, IN 46268

  • Motel
  • Hospitality for Sale
  • $5,651,153 CAD
  • 32,640 SF
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More details for 337 Devereaux Dr, Natchez, MS - Hospitality for Sale

FairBridge Inn Express, Natchez - 337 Devereaux Dr

Natchez, MS 39120

  • Motel
  • Hospitality for Sale
  • $2,480,994 CAD
  • 21,528 SF
  • Pool

Natchez Hospitality for Sale

Keys: 50 Year Built: 1994 Year Renovated: 2023 Property Type: Hospitality Subtype: Hotel, Motel Buildings: 2 Stories: 2 Zoning: B4 Lot Size (acres): 2.43 Fair bridge Inn in historic MS (with Motel 6 contract) being offered for sale. The property is located off Hwy 61 in the heart of quaint Natchez, a city rich in culture and heritage. Exterior corridor property with 50 rooms, large lobby, outdoor pool, and a four-bedroom home for owner / manager on site. Built in 1994 and renovated in 2023. Renovation includes new LVP, interior and exterior paint, lighting, FFE and new water heaters. The 4-bedroom house has been updated with new LVP flooring, kitchen cabinets and painted. Property has a Motel 6 franchise agreement ready with a short list of items remaining of approximately $150,000 for new one to complete. The property is ideal for an owner / operator. Great opportunity for new owner to build the business. Natchez is situated in southwest Mississippi on the beautiful Mississippi River with easy access to regional metropolitan areas and an abundance of recreational activities. The property is centrally located within a short drive from downtown, the riverwalk, restaurants and Natchez-Adams County Airport. Absentee Owner. Investment Highlights: 50 rooms 4 bedroom home on site for owner / manager Exterior Corridor 2 story Metal & shingle roof Off Hwy 61 2.5 miles to downtown Natchez 2. 5miles to Mississippi Riverwalk 2 hour drive from Louisiana’s Baton Rouge 8 miles from Natchez-Adams County Airport 23 miles to Frogmore Cotton Plantation & Gins 95 miles to Jackson MS Outdoor Pool Free Coffee Oldest Settlement on Mississippi River Many outdoor festivals in the area Great historic culture Located in heart of Natchez Natchez, Mississippi is experiencing a period of significant economic and residential growth, with several projects poised to drive increased tourism and business. Here's a breakdown of the key developments that could benefit the Fairbridge Inn: Economic and Retail Development Trace Town Shopping Center: This old retail center is undergoing a multi-million-dollar redevelopment, the largest in the region in over 40 years. The project includes the construction of new retail space, with Hobby Lobby slated to open in spring 2026. New Retail Development: A new 30-acre retail development is planned just north of Walmart. This project, with an estimated investment of $40 million, will bring a new, large client to the area, creating hundreds of new jobs. Film Production: A new 100,000 square-foot facility with a full-production sound stage has opened, positioning Natchez as a destination for film and television crews. This development is expected to attract visiting professionals who will require long-term lodging. Residential and Community Projects Eola Hotel Renovation: A $30 million renovation is planned for the historic Eola Hotel downtown. The project, which involves demolishing an adjacent building to make way for a parking lot, is expected to begin in early 2026. The new hotel will feature 96 rooms, attracting both tourists and business travelers. New Construction Homes: There is a noticeable increase in new residential construction. Local real estate listings show new homes for sale in subdivisions like Hedges Plantation, with prices ranging from the low $100,000s to over $300,000. Affordable Housing: The former Brumfield High School is undergoing a $7.2 million renovation to be converted into an affordable apartment complex. Infrastructure and Tourism Projects River Cruise Docking Facility: A proposed $13.5 million project aims to build a new docking facility to improve connectivity between the historic district and the Mississippi River. This is a strategic move to accommodate the growing number of visitors from new cruise line operations. Workforce Development: The city has secured a $300,000 grant to support workforce development programs in construction and technology. This initiative is designed to supply a trained labor force to meet the demands of the new jobs being created. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

Contact:

Numarix Real Estate Services

Property Subtype:

Hotel

Date on Market:

2025-11-12

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More details for 4071 US 17, Richmond Hill, GA - Hospitality for Sale

Fairbridge Inn Express - Richmond Hill - 4071 US 17

Richmond Hill, GA 31324

  • Motel
  • Hospitality for Sale
  • $5,237,654 CAD
  • 24,716 SF
  • Pool

Richmond Hill Hospitality for Sale - Bryan County

Keys: 111 Year Built: 1984 Property Type: Hospitality Subtype: Hotel Square Footage: 24,716 Buildings: 2 Stories: 2 Zoning: C3 Interchange Commercial Lot Size (acres): 2.3 The Fairbridge Inn Express - Richmond Hill/Savannah - GA, located in Bryan County is being offered for sale. The two-story exterior corridor hotel offers convenient accommodations for both business and leisure travelers. Situated just off I-95, it provides easy access to nearby Savannah, as well as the Hyundai Project located 17 miles to the north. The hotel features 109 rooms, each equipped with essential amenities such as microwaves and refrigerators. Guests can enjoy the hotel's on-site facilities, including a breakfast/meeting room and an outdoor courtyard pool for relaxation. Recent updates to the property include exterior/interior paint, new door locks, LED lighting, and updated landscaping. Richmond Hill is part of Bryan County, one of the fastest-growing counties in the U.S., adding to the area's appeal for both visitors and investors. Investment Highlights: 111 rooms Exterior Corridor Off I-95 Exit 87 20 miles South of Savannah 17 miles SE of Bryan County Megasite with Hyundai Plant 5.5 miles from 1,040-acre Rail Served Industrial Park - Belfast Commerce Park, Richmond Hill 100 miles North of Jacksonville, Florida International Airport High-growth logistics corridor Greater Location 14 Suite Style Richmond Hill, Georgia's strategic location near I-95 nd its proximity to Savannah and major economic hubs make it a prime area for new developments that can significantly drive hotel business. The growth is a mix of residential, industrial, and retail projects, all of which contribute to a higher demand for lodging. Here are the developments coming to Richmond Hill that could drive hotel business in the area: Major Industrial and Manufacturing Growth Hyundai EV Metaplant and Supplier Network: This is by far the biggest driver of economic development in the region. The Hyundai Motor Group's massive electric vehicle and battery manufacturing plant, located nearby in Bryan County, will create thousands of jobs. The plant and its supply chain, including new facilities and expansions by companies like Hwashin and C&H Precision, will generate a huge amount of business travel for construction workers, corporate executives, and technical staff for years to come. This creates a sustained demand for hotel rooms, especially extended-stay options. Logistics and Distribution Centers: Richmond Hill is an attractive location for logistics companies due to its proximity to the Port of Savannah and I-95. The ongoing development of large-scale logistics parks and distribution centers, such as those by Medline and other companies in the area, brings in a steady stream of business-related traffic, including truck drivers, managers, and supply chain professionals. Residential and Commercial Mixed-Use Projects The Averly Richmond Hill: This new $60 million mixed-use development is a major project that will create a more vibrant commercial district. The development includes 291 residential units and over 3.5 acres of retail pad sites along Ford Avenue, near I-95. A project like this creates a new focal point for shopping and dining, making the area more appealing for visitors and generating demand for hotels. New Residential Subdivisions: The city is experiencing rapid residential growth with numerous new home communities. The influx of new residents, often relocating for jobs, leads to an increased need for hotel rooms for their friends, family, and business associates who come to visit or assist with the move. Tourism and Recreational Developments Tourism and Convention Business: The Richmond Hill-Bryan County Chamber of Commerce and the Convention and Visitors Bureau are actively working to attract new business. The city's key attractions, such as the Ford Plantation and the Fort McAllister marina, draw in leisure travelers. Developments that enhance these attractions or create new ones, such as new restaurants and retail, directly contribute to the city's tourism appeal. Special Events: As the population grows, so does the potential for hosting larger events, sports tournaments, and festivals. These events are a significant driver of hotel occupancy, bringing in large groups of visitors for short periods. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

Contact:

Numarix Real Estate Services

Property Subtype:

Hotel

Date on Market:

2025-11-12

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More details for 7300 W Jefferson Ave, Lakewood, CO - Land for Sale

7300 W Jefferson Ave

Lakewood, CO 80235

  • Motel
  • Land for Sale
  • $551,331 CAD
  • 0.66 AC Lot
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More details for 9130 E Goldenrod Dr, Gardendale, TX - Land for Sale

9130 E Goldenrod Dr

Gardendale, TX 79758

  • Motel
  • Land for Sale
  • $5,375,487 CAD
  • 19.13 AC Lot
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More details for Kimberly Rd, Warner Robins, GA - Land for Sale

Kimberly Rd

Warner Robins, GA 31088

  • Motel
  • Land for Sale
  • $151,616 CAD
  • 0.34 AC Lot
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More details for 21538 Mueschke Rd, Tomball, TX - Specialty for Sale

21538 Mueschke Rd

Tomball, TX 77377

  • Motel
  • Specialty for Sale
  • $6,891,649 CAD
  • 11,500 SF
  • Air Conditioning
  • Smoke Detector

Tomball Specialty for Sale - Northwest Outlier

Welcome to a truly spectacular Mediterranean masterpiece nestled on nearly six unrestricted acres in the heart of Tomball. Built in 2012, this custom-designed estate offers over 11,000 square feet of luxurious living space, blending timeless European elegance with modern sophistication. From the moment you approach the grand motor court, framed by two gated entrances and lush landscaping, you'll be captivated by the stunning architecture featuring classic red tile roofing, arched entryways, and intricate stone accents. This property is a statement of prestige and refinement, perfect for private family living or transforming into an extraordinary event venue. Step inside and experience formal living at its finest, where soaring ceilings, wrought-iron staircases, and exquisite finishes create an atmosphere of grandeur. The main residence boasts four bedrooms and six-and-a-half baths, including three lavish ensuites and a serene primary retreat on the first floor. A private study provides flexibility for work, while the second floor is an entertainer's dream with a state-of-the-art movie theater, professional recording studio, craft room, and a third-floor observatory offering breathtaking views of the resort-style pool and waterpark. Every detail has been thoughtfully curated to deliver comfort, elegance, and functionality. Outdoors, indulge in a private paradise featuring a sparkling resort pool, lush gardens, and expansive grounds ideal for hosting unforgettable gatherings. Adding to the allure, a charming log cabin guest house offers three bedrooms and two baths, perfect for extended family or guests seeking a cozy retreat. Whether you envision a luxurious family sanctuary or an exclusive venue for grand celebrations, this estate delivers unmatched versatility and sophistication. With two gated entrances, 24/7 video surveillance, and a design that exudes timeless Mediterranean beauty, this property is more than a home—it's a lifestyle.

Contact:

Martha Turner Sotheby's International Realty

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-03-11

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More details for 1170 Airport Rd, Jacksonville, FL - Hospitality for Sale

Days Inn by Wyndham Jacksonville Airport - 1170 Airport Rd

Jacksonville, FL 32218

  • Motel
  • Hospitality for Sale
  • $9,372,644 CAD
  • 57,727 SF
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More details for 3602 E Amarillo Blvd, Amarillo, TX - Hospitality for Sale

Wagon Wheel Motel - 3602 E Amarillo Blvd

Amarillo, TX 79107

  • Motel
  • Hospitality for Sale
  • $1,860,745 CAD
  • 5,160 SF
  • Restaurant

Amarillo Hospitality for Sale

IN PROGRESS CONVERSION TO MULTIFAMILY. BUY AS IS FOR $850,000 or BUY AS APARTMENTS FOR $1,350,000. Sold as multifamily price: $1,350,000 or best offer (In 6 Months) Sold as motel price: $850,000 or best offer (Now) This 24-unit motel is currently operating as a long-term stay studio/apartment complex, offering stable, consistent rental income with full occupancy. Property Financial Overview (As a Motel): Address: 3602 E Amarillo Blvd, Amarillo, TX 79107 Price: $850,000 Current As-Is Market Value: $1,411,896 at $112,951.68 current annual NOI (8% cap rate) Rehab: $135,000 ARV 1: $1,600,000 Value-Add Potential – Kitchenette Addition, Planned Unit Development Conversion Partnership with Bureau of Prisons. Current Rent Make Up (As Motel): 95% Occupied - Every unit is leased on a 1-year agreement with long-term tenants. Main owners residence can be rented to new buyer as owner currently lives here. Diverse Unit Mix: • 18 standard units – each functioning as an efficiency-style studio with bathrooms. • 2 stand-alone cabins – each a spacious 2-bedroom, 1-bathroom home in the back of the property. • 1 separate housekeeping unit that can be converted for tenancy. • 1 Main Owner’s Residence: A 2-bedroom, 1-bathroom home located on-site, perfect for an owner/operator or property manager. • 2 units for storage, laundry Ample Parking: • Plenty of parking spaces for all tenants with additional room to spare! Turnkey Investment: • Property is already set up for consistent, passive income. *******We've attached a .csv file of the current P&L and Rent Roll to this listing******* This is an unbeatable opportunity for anyone looking to own a high-yielding property in a growing area! SERIOUS INQUIRIES ONLY! This property presents an attractive investment opportunity by adding kitchenettes to the remaining 14 units. We've received a quote of $70,000 for the necessary materials and labor to complete this project. We've also met with Amarillo's zoning department and community development team to discuss rezoning the property to a "Planned Unit Development" (PUD). This rezoning will require installing fire sprinklers and one fire hydrant, with a total estimated cost of $65,000. These upgrades would allow us to increase the rents to the Fair Market Rent (FMR) rate of $872 per month. With a total investment of about $135,000, these improvements will substantially raise the property's value, potentially turning it into an asset that pays itself generating consistent passive income for many years. Estimated Financial Impact of Kitchenette Addition (Proforma): Revenue: (18) Studio Units x $872 a month = $14,634 per month (1) Studio (Housekeeping unit converted) = $872 per month (2) 1 Bed 1 Bath Houses (2 standalone cabins) = $1,904 per month (1) 2 Bed 1 Bath Unit (Main Owner’s Residence) = $1,158 per month Gross Sum: $18,935 (95% occupancy) Adjusted NOI (Less Total Operating Expense of $3,788.36 per month): $15,146.64 per month Annual NOI: $15,146.64 x 12 months = $181,759.68 As complete income: $181,759.68 NOI

Contact:

Purdy

Property Subtype:

Hotel

Date on Market:

2025-11-11

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