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Two-Story Regal Hotel
For Sale
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2313 SE Loop, Carthage, TX 75633

Independent 50-room, two-story hotel with meeting space, pool, and fitness center, built in 2000 and renovated in 2009.

Property SizeContact for details
Lot Size1.98 Acres
Days on Market120

Property Features for 2313 SE Loop

General Information

Standard status Active
Lot size 1.98 Acres
Property subtype Hospitality

Additional Details

Business Included Yes
Highway Access Yes

Amenities

fitness center
business center
outdoor pool
meeting room
laundry facility

Building Details

Year Built 2000
Year Renovated 2009
Stories 2
Listing Agency: Marcus & Millichap - Dallas
Listed By: Skyler Cooper · License #TX 618787
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

The Regal Hotel is an independent, fee simple property offering 50 rooms in a two-story building constructed in 2000 and renovated in 2009. On-site amenities include a fitness center, business center, outdoor pool, a 672 square-foot meeting room, and a laundry facility.

The property is located at 2313 SE Loop in Carthage, Texas, just off the southeast loop of State Highway 59. Carthage serves as the county seat of Panola County and is positioned about 20 miles west of the Louisiana state line.

Based on the trailing twelve-month period ending in July 2022, room revenues exceeded $517,000 and net operating income was $145,000, representing 27.9% of gross revenues after a four percent capital replacement reserve. The offering is unencumbered by a management contract and debt.

Key Highlights

  • Independent 50‑room, two‑story hotel (fee simple) at 2313 SE Loop in Carthage, TX, just off the southeast loop on SH 59
  • Built in 2000 and renovated in 2009
  • 1.98‑acre property with common amenities including a fitness center, business center, outdoor pool, and laundry facility

Property Analytics

Current Use

The Regal Hotel Hotel & Motel

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 75633, TX

13,558
Population
6,399
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
85%
High-School Grad
324.7 sq mi
ZIP Area
42
Density / Sq Mi
$63,960
Median Household Income
$42,327
Median Earnings
$774
Median Rent
$150,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Independent 50-room, two-story hotel with meeting space, pool, and fitness center, built in 2000 and renovated in 2009.
Where is this hotel located?
The property is located at 2313 SE Loop Carthage, TX.
What are key features of this property?
This property features: Independent 50‑room, two‑story hotel (fee simple) at 2313 SE Loop in Carthage, TX, just off the southeast loop on SH 59; Built in 2000 and renovated in 2009; 1.98‑acre property with common amenities including a fitness center, business center, outdoor pool, and laundry facility
(972) 755-5302 Call to check price and availability
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