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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

Data Room Click Here to Access

Property Facts

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

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
  • Listing ID: 34111854

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 940 W Interstate 20, Colorado City, TX 79512

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