Studio 6 Colorado City TX | 940 W Interstate 20
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Studio 6 Colorado City TX 940 W Interstate 20
65 Room Hotel Colorado City, TX 79512 $2,080,000 ($32,000/Room)
Investment Highlights
- Strong demand from oil industry workers, contractors, and professionals due to proximity to one of the nation’s largest oil fields.
- High visibility and accessibility from I-20, a key travel route for commercial, leisure, and truck traffic.
- Local economy supported by energy, agriculture, healthcare, and retail, offering stability and resilience to market fluctuations.
- Steady demand from farm workers and agribusiness professionals, driven by Colorado City’s established cotton and livestock industries.
- Seasonal boost from visitors to the park for boating, fishing, and camping, along with interest in local ranching and oil history.
- Colorado City’s history as a cattle-shipping and oil boomtown attracts heritage tourism, adding another revenue stream.
Executive Summary
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Data Room Click Here to Access
Property Facts
Price | $2,080,000 | Building Size | 29,403 SF |
Price Per Room | $32,000 | No. Rooms | 65 |
Sale Type | Investment | No. Stories | 3 |
Property Type | Hospitality | Year Built | 2015 |
Property Subtype | Hotel | Parking Ratio | 1.91/1,000 SF |
Building Class | C | Corridor | Interior |
Lot Size | 21.62 AC |
Price | $2,080,000 |
Price Per Room | $32,000 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 21.62 AC |
Building Size | 29,403 SF |
No. Rooms | 65 |
No. Stories | 3 |
Year Built | 2015 |
Parking Ratio | 1.91/1,000 SF |
Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 65 | $56.00 | - |
PROPERTY TAXES
Parcel Number | 00326-00032-00080-000030 | Improvements Assessment | $456,880 |
Land Assessment | $87,120 | Total Assessment | $544,000 |
PROPERTY TAXES
Parcel Number
00326-00032-00080-000030
Land Assessment
$87,120
Improvements Assessment
$456,880
Total Assessment
$544,000
zoning
Zoning Code | n/a |
n/a |
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Studio 6 Colorado City TX | 940 W Interstate 20
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