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Key Details
Sold Price $355,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,994 sqft
Price per Sqft $59
MLS Listing ID 112956
Sold Date 12/15/23
Lot Size 0.890 Acres
Acres 0.89
Property Description
The motel offers 17 rentable rooms with a newly remodeled managers apartment with 3 bedrooms and 2 bath. These 3 beds rooms has an option to be converted into the rentable rooms right away. The property benefits from its prime location, as it's situated near the thriving downtown area and is less than a mile to one of the Texarkana's biggest Hospital "WADLEY Medical regional center." Texarkana bridges two states featuring various restaurants, shopping centers and Texas A&M University. The property is also located near an expanding I-30 corridor and proximates to 2nd major healthcare facilities such as "CHRISTUS Saint Michael Regional Medical Center". The strategic location allows the hotel and the new buyers to capitalize the regions strong Economy.
Location
State TX
County Bowie County
Area T02A South Txk Tx (South Of W. 7Th)
Direction Take exit 220A on I-30 East towards 59 South to Houston. In 2.6 milestone exit on your right to 67 and 7th street take left on the light. In 2.7 miles take right to ELM street, in 200 ft turn right you will see the sand motel on your left.
Interior
Heating Multiple HVAC Units
Flooring Partial Carpet, Tile
Exterior
Garage 40 to 49 spaces
Roof Type Archetectural Shingles,Asphalt
Street Surface Blacktop/Asphalt
Building
Story One
Foundation Slab
Sewer City
Water City
Structure Type Brick,Frame/Brick,Slab,Shingles
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Bought with Better Homes & Gardens Real Estate Infinity