Investment Historic Hotel With 22 Guest Rooms For Sale
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $350000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1994
Number of Employees 6 - 9
Inventory Included
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes
Reason for Sale Retirement
Description Investment grade historic hotel situated on 1.6 acres located on the Paluxy River. Twenty two guest rooms w private baths, convention center w 2 conference rooms, restaurant, commercial kitchen, detached laundry facility, off street parking lot, century old live oaks, pool. Revenues from lodging, food service, weddings, receptions, events, business and varied group retreats. Three structures equaling 13,275 square feet. GRM approximately 3! Financials available. See Texas property #2730 on The B&B and Country Inn Marketplace.
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