$1,250,000

1305 N Tool

Tool TX, 75143

Description

Fantastic! Highest rated hotel motel in Cedar Creek area with room to expand! Occupancy unaffected by Covid 19. Highly Profitable and updated with weekly and daily rates. Property is extremely well maintained and includes 17 Units. 10 suites include, queen bed, fold out, full size kitchen, and living area. 4 suites include, 2 beds, full size kitchen and living area. 2 Studios include, queen bed, mini fridge, microwave, and coffee maker. 1 Manager Suite with private garage, full size kitchen, laundry, living area and backyard. Full time manager can stay or leave with sale. Extremely high occupancy rate with long term and repeat guests. Awarded Best Hotel of 2019 and 2020! Business Hall Of Fame for 2 years!

Details

MLS#14307982
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive Option Contract
Year2008
Days On Site397

Features

SQ Feet12,508
Story(s)1
Units17
ZoningComm

Market Activity 75143

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Area Information
StateTX
CountyHenderson
CityTool
Zip Code75143
AreaHENDERSON COUNTY (42)
Listing VS Median (in 75143)
Price:
$1,250,000
low | high
Med:
$165,000
100% of Average
SqFt:
12,508
low | high
Med:
1,024
100% of Average
$ / SqFt:
$100
low | high
Med:
$161
11.2359375% of Average
On Site:
397
low | high
Med:
141
100% of Average
Sourced by Back At You
Listing Updated: April 19, 2021 2:51:10 PM PDT
Bryan Reasor LogoMLS Number: 14307982
Listing Provided By:
Bryan Reasor  of  Jeanette Anderson Real Estate

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.