American Star Portfolio

500 W Kentucky St Floydada, TX 79235

Floydada
FOR SALE
Property Type:
Motel
Amount:
$2,400,000
Last Verified:
Nov 13, 2024

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Highlights

  • Established Hospitality Portfolio
  • Ideal Hospitality Investment
  • Value-add Opportunity with Strong Potential for High ROI
  • Proximity to Major Transportation Routes

Description

Presenting a prime hospitality investment opportunity in Texas. This impressive 21,531 SF portfolio features three motels expanded to include RV rentals and two single family rentals. The properties are in three attractive towns across Texas. Combined, there are 63 motel rooms, 61 RV spaces, and two single family units, making it an ideal opportunity for hospitality investors with ample potential to increase revenue.

Motel and RV parks located in Baird, Munday and Floydada, TX

Building Size: 21531sq ft
Lot Size: 19.92 acres

Map of 500 W Kentucky St, Floydada, TX, 79235

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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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