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HOTEL for SALE by owner - Off market
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Off market
Hotel for SALE by the owner North of Texas,
150 miles from Oklahoma City, and 1 hour to drive from Amarillo, TX, right off I-40 freeway.
Off market.
OVER 54 rooms,
Revenue: $950000
ADR: $85
Also additional side income: - vending/Coin laundry and car Charging station- $2500 total average a month:($30k per year)
Priced for quick sale : $3.550,000
Seller open for owner financing with 30-35% down, 2-3 years terms.
3 bedroom house in located right next to the hotel for managers in case…Fully equipped ready to go for the new owners (included in sale).
The hotel best rated in the area.
No PIP needed, it’s 99% done .
The Hotel next door does $1.3mil at 44 rooms only.
We have 54 rooms with pool/spa/gym , just
absence of an owner,
NO active GM there , a huge opportunity for a significant increase in income big time.
It’s nice small transit town,
150 miles from Oklahoma City.
Transit trucks, I-40 traffic, travellers and tourists.
Lot Size over 1.00 Acre
Big trucks parking spaces there around the hotel ,
and its important as its a transit type area right off the I-40 freeway,
and this only hotel in town has design big truck parking lot .
No Brokers or Agents.
PRINCIPALS ONLY!