1100 E Main Street, Knox City, TX 79529
sale
$1,050,000
|
Other
Courtesy Of Haskell County Realty, Listed By Bridget Guess
Motel Room Mix (21 Total Units)City Motel in Knox City is a well-maintained 21 unit hospitality property offering multiple income streams and excellent highway visibility. The motel features a diverse mix of room types, including king rooms, double bed units, kitchenettes, and a spacious three-bedroom suite, with all rooms equipped with microwaves and refrigerators. Recent upgrades, such as a new roof, updated hot water heaters, high-speed Wi-Fi, new mattresses, and a modern security camera system, enhance both guest comfort and operational efficiency. The property also includes six fully serviced RV spaces with 50,30,20 amp hookups, a large lot suitable for semi-truck parking, and on-site living quarters consisting of a three-bedroom, two-bathroom apartment connected to the office. Additional amenities include guest laundry, commercial laundry equipment, an ice machine, and newly installed solar panels that contribute to long-term energy savings. A large attached commercial space offers excellent potential for future expansion. With streamlined operating expenses and strong annual income, the property delivers an attractive return on investment, making it a compelling opportunity for both owner-operators and investors seeking stable cash flow with room to grow. Contract the Listing Agent for more details.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Cooling System: Wall Unit(s)
- Exterior Type: Stucco
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Tile - Ceramic
- Floor Covering: Other
- Heating System: Central
- Heating System: Other (Heating)
- Legal Description: BLK 7 LOTS 1-12 LESS N 70' DAVIS KNOX CITY
- MLSID: 21186201
- Roof Type: Flat
- Roof Type: Metal
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