Fink Motel | 75005 N Hwy 289
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Fink Motel 75005 N Hwy 289
17 Room Hotel Pottsboro, TX 75076 $3,236,559 ($190,386/Room)
INVESTMENT HIGHLIGHTS
- A great 5 plus acres fronting hwy 289
- Inside city limits of Pottsboro within 2 miles of the new Hard Rock development
EXECUTIVE SUMMARY
Multiple uses at the gateway to Lake Texoma! If you are looking for an investment opportunity right here at Beautiful Lake Texoma, look no further. 15 room motel, rooms completely remodeled, 20 large boat storage spaces behind hotel, ship store, boutique, behind the boutique is a commercial kitchen. Ship store and boutique share 3 inside bathrooms and 2 outside bathrooms, log sided liquor store, bbq restaurant currently leased on North parcel, 3 buildings on south parcel are gutted and ready for remodel into offices or homes, old 1900's Caboose on front of parcel, fenced 12 stall tall boat storage, large 2 bay shop and office on back side of south property. What a great offer to continue to develop, with approximately 4 acres that can be developed into additional uses. Inside city limits of Pottsboro within 2 miles of the new Hard Rock development, 3 miles to the largest inland marina in the US, Highport Marina, 30 min to Frisco down 289, 15 min to Sherman and the new IT corridor along FM 1417, 15 min to Denison, 20 min to Durant. A great 5 plus acres fronting hwy 289 just ready for your ideas and imagination to continue to grow into a destination!
PROPERTY FACTS
| Price | $3,236,559 | Building Size | 19,079 SF |
| Price Per Room | $190,386 | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1997 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Corridor | Exterior |
| Lot Size | 3.62 AC |
| Price | $3,236,559 |
| Price Per Room | $190,386 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.62 AC |
| Building Size | 19,079 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built | 1997 |
| Tenancy | Single |
| Corridor | Exterior |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 17 | $56.00 | - |
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PROPERTY TAXES
| Parcel Number | 108869 | Improvements Assessment | $610,275 |
| Land Assessment | $299,057 | Total Assessment | $909,332 |
PROPERTY TAXES
Parcel Number
108869
Land Assessment
$299,057
Improvements Assessment
$610,275
Total Assessment
$909,332
ZONING
| Zoning Code | C |
| C |
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Fink Motel | 75005 N Hwy 289
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