Branded Motel Near Waco, TX
$625,000 / NOI: $127K / CAP Rate: 18%
For Sale
Description
Exterior Corridor Hotel – High CAP Rate with Owner Financing
- Revenue: $180K annually
- NOI: $127K (Owner operated)
- Rooms: 22
- Corridor: Exterior
- Renovation: 2023
- CAP Rate: 18%
- Asking Price: $650K (Owner financing available with 25% down payment)
- Disclaimer: The property image do not depict the actual property
Address
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Country United States
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Province/State Texas
Overview
- Property ID 113-ZP-MO
- Price $625,000 / NOI: $127K / CAP Rate: 18%
- Property Type Motels/Hotels
- Property status For Sale
- Rooms 25
- Label Expired
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