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April Costenbader
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Property Type: Commercial
Sub Type: Hotel/Motel
Listing Status: Active
Purchase Type: For Sale
Lot Size: 1.260 Acres
Year Built: 1960
MLS Listing ID: 7142951
Subdivision: Town/Gonzales
Property Description
BRING ALL OFFERS - MOTEL PRICE $1,350,000 REDUCED + $645,000 for apt-comm complex next door = $1,995,000
Remodeled & will disclose the work done. Ideal use would be for a Rehabilitation center. Cable T.V. by GVTC and also they provide free high speed Wi-Fi service - Oil Companies buy this for workers - pool has been fenced & lighted, not in working order. Buy motel with 7 unit apartment complex next door includes 5,600 ft. retail space for $645,000 this package provides extra income of $60,000 plus motel NOI is $117,400 projected
Listing provided by Butler Properties
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