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Listed by:

Reputed Brokerage

Multiple Hotel And Motel In North Of Dallas For Sale

Sherman, Texas, US
Asking Price:
$4,500,000
Sales Revenue:
$1,200,000
Cash Flow:
Undisclosed

Multiple Hotel and Motel In North of Dallas

No Co brokerage please.

Unbranded Hotel Business & Property. 90+ Rooms ground and second-floor rooms. Sits on about 3 Acre lot.

Accommodations: Spacious rooms are designed with your comfort in mind, featuring bedding, furnishings, and views of the surrounding area.

Proximity to the Casino: Experience the thrill of the casino 20 miles from our hotel. Whether you're a seasoned gambler or just looking for some entertainment, you'll find endless excitement at Choctaw Casino.

Extra Income Opportunities: Are you looking for additional income streams? With our prime location near the casino, you can rent out Restaurant and Bar

Impressive Yearly Revenue: With a yearly revenue of $1.2 million, Current Cap Rate 18%

Property Information

Real Estate:

Real Property Included

Location:

Sherman, TX (Grayson County)

Premises Details:

10 minutes from Lake Texoma and a 20-minute drive from the massive Choctaw Casino and Resort, Lake Texoma and from TI New $30 billion manufacturing plant.

Business Operation

Management type:
This business is owner operated.
Years established:
55 Years