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$2,950,000
  • 1.61 acres

MLS #: 68954

Description / Remarks

FANTASTIC LOCATION with 60 motel rooms (6 rooms have 3 beds; 1 room is a loft apartment – currently occupied by the maintenance person), 4 furnished apartments, and a 2/2.5 residence with office. Rooms rent for $50 per night or $300 per week. Apartments rent for $500 per week. Located on Houston Highway which is Hwy 59 Business. Property is within walking distance of University of Houston-Victoria and Citizens Medical Center. This is perfect for an owner/operator or could potentially be renovated into all apartments.

Features

List Price: $2,950,000
Building Size: 26242 sqft
Type/Style: Other
Area: Other
Year Built: 1940
Acreage/Lot Size: 1.61
Environmental Status: .
Restrictions: .
Zoning: C - Commercial
Size of Tract: 1-3 acres
Construction: Stone
Heating System: Wall Furnace
Air Conditioning: Wall Units
Utilities: Public Water Meter, Sewer Tap, Natural Gas Available
Easements: Other-See Remarks
Foundation: Slab
Roof: Composition
Topography: Level
Access: City Street, Highway
Parking Lot/Capacity: 20 Or More Spaces
Handicap Accessible: n/a
Remarks: FANTASTIC LOCATION with 60 motel rooms (6 rooms have 3 beds; 1 room is a loft apartment - currently occupied by the maintenance person), 4 furnished apartments, and a 2/2.5 residence with office. Rooms rent for $50 per night or $300 per week. Apartments rent for $500 per week. Located on Houston Highway which is Hwy 59 Business. Property is within walking distance of University of Houston-Victoria and Citizens Medical Center. This is perfect for an owner/operator or could potentially be renovated into all apartments.
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