American Star Portfolio

500 W Kentucky St Floydada, TX 79235

Floydada
FOR SALE
Property Type:
Motel
Amount:
$2,400,000
Last Verified:
Nov 22, 2024

Daily Email Blast
0 times


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


Documents

Flyer PDF.pdf

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

Presented by:
Paul Johnson & Associates

Request additional information
Erik Johnson


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.