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 Features for 2313 SE Loop
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Investment Insights
Based on property information with market context.
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
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Trade Area within ½ mile
Demographics for 75633, TX