Listed by Coldwell Banker Commercial - Alamo City, Coldwell Banker Commercial Alamo City
$4,750,000
Thunderbird Hotel - Marfa, TX
Details
APN 10999
Property Type Hospitality
Sub Type Hotel
Square Footage 17,500
Keys 24
Beds 29
Year Built 1959
Year Renovated 2005
Buildings 2
Stories 2
Acreage 1.270
Zoning R-1 (SUP)
Parking Spaces 20 spaces
Parking Per SqFt 1.14
Investment Type Value Add
24 Key Contemporary Boutique Hotel
Marketing description
Here’s your opportunity to own the iconic Thunderbird Hotel located in Marfa, TX. A classic midcentury roadside hotel and walking distance to a plethora of art galleries, shops and restaurants. This contemporary boutique hotel was re-envisioned by Lake/Flato Architects.
** 25% State tax credits & 20% Federal tax credits available on all Qualified Rehab expenses (hard costs, soft costs, etc.).
Buyer Broker Fee = 2.5%
Investment highlights
- Seller Financing Available
- 25% State tax credits & 20% Federal tax credits available on all Qualified Rehab expenses (hard costs, soft costs, etc.).
- Historic/Iconic Hotel
- 24 Eclectic Rooms
- On-site Management Team
- Office / Gift Shop / Lounge
- Warehouse w/ Revenue Potential
- Outdoor Swimming Pool
- Private Outdoor Seating Area w/ Fire Pit
- 3,600 VPD Traffic Counts
- Walking Distance to Art Galleries, Shops, Restaurants
- World Renowned Art Scene
- 9 Miles to Marfa Lights Observation Area
- 26 Miles to Alpine, TX
- 21 Miles to Ft. Davis
- 24 Mile to Davis Mountains State Park
- 36 Miles to McDonald Observatory
- 98 Miles to Big Bend National Park
- Elevation 4,685’
Listing Contacts
Listed by Coldwell Banker Commercial - Alamo City, Coldwell Banker Commercial Alamo City
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