Lake Whitney Motel | 908 E Jefferson Ave
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Lake Whitney Motel 908 E Jefferson Ave
12 Room Hotel Whitney, TX 76692 $425,000 ($35,417/Room)
Investment Highlights
- Remodeled Motel/Hotel
Executive Summary
Located just minutes from beautiful Lake Whitney, this property has tons of potential for a business investor. This remodeled, 12 unit motel sits on the back half of a one acre property, leaving the entire front half for additions, another business, RV or boat parking. Of the 12 partially furnished units, 4 of them are suites. Lake Whitney is a popular destination for fishing, boating and camping. It's proximity to major cities make it an attractive getaway for those that want to escape the hustle and bustle of the city and enjoy the small town atmosphere, shops and events.
Property Facts
| Price | $425,000 | Lot Size | 1.01 AC |
| Price Per Room | $35,417 | Building Size | 5,795 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Sale Conditions | REO Sale | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1983/2024 |
| Property Subtype | Hotel | Parking Ratio | 3.45/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $425,000 |
| Price Per Room | $35,417 |
| Sale Type | Investment |
| Sale Conditions | REO Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 5,795 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2024 |
| Parking Ratio | 3.45/1,000 SF |
| Corridor | Exterior |
Amenities
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $118.00 | - |
| Guest Room | 8 | $97.00 | - |
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PROPERTY TAXES
| Parcel Number | 102199 | Improvements Assessment | $324,480 |
| Land Assessment | $75,470 | Total Assessment | $399,950 |
PROPERTY TAXES
Parcel Number
102199
Land Assessment
$75,470
Improvements Assessment
$324,480
Total Assessment
$399,950
zoning
| Zoning Code | Commercial (Commerical-Motel/Hotel) |
| Commercial (Commerical-Motel/Hotel) |
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Lake Whitney Motel | 908 E Jefferson Ave
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