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25 Room Motel - Kermit, Tx

United States /Texas, 239 Highway 302, 79745, 0.95

Listing ID :

95301690

Acres :

0.95 Acres
$1,150,000

View Agent's Properties and Profile:

Thomas Johnston

Contact Seller

Property Description

The 25-room motel is formerly known as the West Travel Inn. It is conveniently located on HWY 302 in one of the highest traffic areas of town within 1-mile of Pizza Hut, Sonic, Dairy Queen, Lowes Grocery, Dollar General, Tractor Supply, Pilot Truck Stop, and Loves Truck stop. Based on traffic counts and oil production in the areas you really need this investment ASAP! The price keeps increasing based on renovations so hurry and make us a deal! Owner financing available with 20% down. Owner is willing to finance if terms are good. Current renovations include metal roof on front building and new awning, repair replace doors, plumbing repairs, new cat walk with stairway, Interior paint and drywall, new kitchenettes, new cabinets, toilets, vanities, new AC wall units purchased. The target date for completion of all renovations and to begin occupancy is Aug 31.

Basic Details

Property Types:

Acreage, Commercial Acreage

Listing Type:

For Sale

Listing ID:

95301690

Price:

$1,150,000

Acres:

0.95 Acres

Features:

Owner Financing

Address Map

Country:

United States

State:

Texas

County:

Winkler

City:

Kermit

Latitude:

31.84765

Longitude:

-103.08356

Street Address:

239 Highway 302