$1,325,000

1305 N Tool Dr

Tool TX, 75143

Description

Fantastic! Occupancy unaffected by Covid 19. Highly profitable and updated motel with weekly and daily rates. Hotel is extremely well maintained and includes 17 Total Units. 10 suites include, 1 queen bed, 1 fold out, full size kitchen, and living area. 4 suites include, 2 beds, full size kitchen and living area. Studios include, 1 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 on site can stay or leave with sale. Extremely high occupancy rate with long term and repeat guests. Winner of best hotel motel for the Cedar Creek Lake Area 2019. Highest rated hotel motel in Cedar Creek Lake area.

Details

MLS#14307982
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2008
Days On Site16

Features

SQ Feet12,508
Story(s)1
Units17
ZoningComm

Market Activity 75143

Loading Form

Loading Form

Area Information

StateTX
CountyHenderson
CityTool
Zip Code75143
AreaHENDERSON COUNTY (42)
Listing VS Median (in 75143)
Price:
$1,325,000
low | high
Med:
$139,000
100% of Average
SqFt:
12,508
low | high
Med:
1,296
100% of Average
$ / SqFt:
$106
low | high
Med:
$107
48.753086419753% of Average
On Site:
16
low | high
Med:
25
64% of Average
Listing Updated: 04/04/2020
MLS Number: 14307982
Listing Provided By:
Bryan Reasor  of  Jeanette Anderson Real Estate

All information provided by 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.

Real Estate Links Our Domains