Motel 6 Denison, TX

615 North Highway 75 Denison, TX 75020

Denison
FOR SALE
Property Type:
Motel
Amount:
$4,300,000
Last Verified:
May 17, 2024

Highlights

  • Recently renovated
  • 60 rooms arranged over 3 floors
  • Located off U.S. Highway 75
  • Eisenhower State Park - 8 min drive
  • Grayson County College - 10 min drive
  • Lake Texoma - 10 min drive
  • Close to Texas/Oklahoma border makes it convenient stopover for travelers.
  • Offered at - $71,667 per room

Description

Motel 6 Denison, TX presents an exceptional investment opportunity in the thriving hospitality sector. This recently renovated property boasts 60 rooms spread across 3 floors, offering comfortable accommodation for guests. Strategically located off U.S. Highway 75, it provides easy access to key attractions such as Eisenhower State Park, Grayson County College, and the stunning Lake Texoma, all within a short 10-minute drive. Situated near the Texas/Oklahoma border, it serves as a convenient stopover for travelers exploring the region.

With its prime location and recent upgrades, this property is primed for success in the hospitality market. Offered at the current Cap Rate and priced attractively at $71,667 per room, it represents a lucrative opportunity for investors seeking to capitalize on the growing demand for accommodation in Denison, TX. Don't miss out on this chance to own a piece of the booming hospitality industry.

Nestled in the heart of Denison, Texas, just off U.S. Highway 75, lies the charming Motel Six Denison. Positioned strategically in northeastern Grayson County, this hotel offers easy access to both local attractions and major thoroughfares. Situated a mere 75 miles north of Dallas and a stone's throw from the Texas/Oklahoma border, it serves as a convenient stopover for travelers.

Guests can explore the rich history of the region with attractions like the Grayson County Frontier Village and Museum just a 3-minute drive away, or indulge in outdoor activities at Waterloo Lake Regional Park and Eisenhower State Park, both within easy reach. Texoma Medical Center is conveniently close, just a 6-minute drive from the hotel. For those seeking educational pursuits, Grayson County College is a short 10-minute drive. Additionally, the allure of Lake Texoma beckons, only 10 minutes away. After a day of adventure, guests can satisfy their cravings at nearby dining establishments like Jalapeno Tree, Rustico Fine Mexican Cuisine, and Kent's Tex Mex, all located within close proximity to the hotel.


Year Built: 1998
Building Size: 27870sq ft
Lot Size: 1.67 acres


Documents

Sale Brochure

Map of 615 North Highway 75, Denison, TX, 75020

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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