520 SE 24TH Avenue, Perryton, TX 79070
sale
$745,000
|
Other
Courtesy Of FIMC Commercial Realty
Broken Horn Steakhouse is positioned as a full-service steakhouse and event-oriented hospitality asset in Perryton, Texas. Based on the deal inputs previously provided, the offering is underwritten on an illustrative real estate price basis of $650,000 and trailing net operating income of approximately $71,000. On that basis, the implied real estate cap rate is approximately 10.9%, creating a compelling yield profile for investors seeking a small-market hospitality asset with in-place cash flow, owner-operator appeal, and potential upside through food and beverage optimization, events, and operating efficiencies. Business and Real Estate sold together.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick Veneer
- Legal Description: LOT 1 BLK 1 PERR CLUB
- MLSID: 26-3231
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