Listed by Julie Siddons Realtors
$660,000
Malone Motor Lodge
Details
APN 121783, 134671
Property Type Hospitality
Sub Type Motel
Square Footage 6,802
Units 12
Occupancy 100%
Tenancy Single
Price per SqFt $97
Year Built 1971
Buildings 1
Stories 1
Acreage 0.280
Parking Spaces 1 per unit
Sale Condition N/A
Hospitality
Marketing description
Welcome To Malone Motor Lodge. This road side motel off of State Highway 171 is a solid income property, currently at 100% occupancy with a waiting list. The location benefits from steady demand tied to nearby solar and wind farm projects, providing reliable cash flow. The property also allows room for future income growth through rent adjustments, short-term rental use, or targeted improvements. With a flexible layout and available space, there's potential to redesign and add additional rooms to increase revenue. This is a rare opportunity to own a well-performing hospitality property with room to grow in Central Texas.
Investment highlights
- This road side motel off of State Highway 171 is a solid income property, currently at 100% occupancy with a waiting list
- The location benefits from steady demand tied to nearby solar and wind farm projects, providing reliable cash flow
- The property also allows room for future income growth through rent adjustments, short-term rental use, or targeted improvements
- With a flexible layout and available space, there's potential to redesign and add additional rooms to increase revenue
- This is a rare opportunity to own a well-performing hospitality property with room to grow in Central Texas
Listing Contacts
Listed by Julie Siddons Realtors
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