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L.A. Motel 200 E First Street

18 Room Hotel Claude, TX 79019 $682,560 CAD ($37,920 CAD/Room)

Investment Highlights

  • UPDATED 18 ROOM MOTEL located along US Highway 287

Executive Summary

UPDATED 18 ROOM MOTEL located along US Highway 287. Benefit from this highly traveled highway!
Each room is equipped with bed, dresser, table, refrigerator, microwave, TV, and own heat/AC unit. Each room is freshly painted, textured, and updated with granite countertops, new flooring, and new marble bath surrounds. New electrical to the newly installed recessed lighting. Newer double-pane windows. Electronic entrance on doors. There are 6 single queen rooms, 8 full double rooms, and 3 king rooms. All have marble bath surrounds of which 13 have showers and 7 have bathtubs.
Property has workroom with washer, dryer, and sink. Office area. Two gas and one electric water heaters. Metal roof installed in 2022. Pylon sign updated in 2022. Truck parking to the east and additional land in the rear. Also, an apartment that features 3 bedrooms (2 upstairs and 1 downstairs), 2 baths, kitchen and living area upstairs.

Property Facts

Price $682,560 CAD
Price Per Room $37,920 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.28 AC
Building Size 6,786 SF
No. Rooms 18
No. Stories 1
Year Built 1960
Parking Ratio 2.51/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 18 $92.43 CAD -
  • Listing ID: 33613323

  • Date on Market: 2023-08-16

  • Last Updated:

  • Address: 200 E First Street, Claude, TX 79019

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