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32683194
32683195

605 W. U.S. Hwy 70, Lockney, TX 79241

WestMark Commercial
Listed by WestMark Commercial
$375,000
41 days on market
Updated 31 days ago

Lockney Inn

Details
Property Type Hospitality
Sub Type Motel
Square Footage 5,075
Keys 12
Beds 21
Tenancy Vacant
Buildings 2
Stories 1
Acreage 1.515
Investment Type Owner/User

Only Lodging in Town!

Marketing description

This 12-room motel with 6 RV hook-ups positioned between Dollar General Market and Old Maroon Saloon has fantastic visibility along the frontage road of U.S. Hwy 70 heading W. between Plainview and Floydada in Lockney, TX. Only 20 minutes to Interstate 27 and 30 minutes to State Hwy 114

The property is made up of 2 buildings: reception with owner's apartment (2 bed / 1 bath / living / kitchen / laundry) = 1,475 sf and the available rooms for rent with a large mechanical room & supply closet = 3,600 sf. Improvements completed over the last 5 years include a new metal roof, concrete parking lot, heating & cooling units in each room and updating the bathrooms. This is a great opportunity for someone who is savvy in social media marketing and booking technology to collaborate with other entrepreneurs and capitalize on local events like Punkin' Days, class reunions, hunting season, Old Fashion Saturdays, weddings, family reunions, Old Settler's Reunion and more!

Investment highlights

  • 12-room motel with 6 RV hook-ups
  • Positioned between Dollar General Market and Old Maroon Saloon
  • Fantastic visibility along the frontage road of U.S. Hwy 70
  • Only 20 minutes to Interstate 27 and 30 minutes to State Hwy 114
  • 2 buildings: reception with owner's apartment (2 bed / 1 bath / living / kitchen / laundry) = 1,475 sf and rooms for rent with large mechanical room & supply closet = 3,600 sf
  • Improvements completed over the last 5 years include new metal roof, concrete parking lot, heating & cooling units in each room, and updated bathrooms
  • Great opportunity to capitalize on local events like Punkin' Days, class reunions, hunting season, Old Fashion Saturdays, weddings, family reunions, Old Settler's Reunion and more

Listing Contacts

WestMark Commercial
Listed by WestMark Commercial

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