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304 N College Ave Levelland, TX 79336

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For Sale
$1,999,000

62-room motel with remodeled units and value-add potential.

Property size:
23,663 SF

Property Features for 304 N College Ave

General Information

Standard status
Active
Size
23,663 SF

Building Details

Year built
1968

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Listing Contact
John Herriage
John Herriage
Source: Crexi

Listing Agency: Copper Key Realty Listing Agent: John Herriage

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Levelland Motel Investment Opportunity

This motel, located in Levelland, Texas, presents an investment opportunity. It features 62 guest rooms, with 38 recently remodeled units offering updated finishes. The remaining rooms provide an opportunity for continued upgrades. There are 22 double renovated rooms and 16 single renovated rooms. The motel is situated with convenient access to major highways and local attractions, attracting travelers and workforce tenants. The property features multiple guest rooms designed for comfort and functionality, with ample parking to accommodate guests and larger vehicles. It includes a front office/reception area, on-site management space, and potential for additional amenities or upgrades to increase revenue. The location benefits from consistent demand and economic stability due to Levelland's ties to the oil, agriculture, and education sectors, including nearby South Plains College. The property has a high-visibility location with easy access and a strong mix of updated and value-add inventory. It offers multiple guest rooms with flexible rental options, ample parking for guests and work crews, and an on-site office and management area. The property size is 23663 square feet.
Location Intelligence

Current Use by Public Records

Best Inn Texas Hotel & Motel

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Best Inn Texas, The Venue, Best Western South Plains Inn & Suites, Masonic Lodge, Studebaker Events

Location Insight

  • Map
  • Local Demand
City
Levelland
County
Hockley
State
Texas
Longitude
-102.367991
Latitude
33.589677

FAQs

What type of property is this?
Motel - 62-room motel with remodeled units and value-add potential.
Where is this motel located?
The property is located at 304 N College Ave Levelland, TX.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: - 38 Recently Remodeled Units: Provides immediate appeal and higher revenue potential.; - High-Visibility Location with Easy Access: Attracts travelers and ensures consistent occupancy.; - Strong Local Economy: Supported by oil, agriculture, and education sectors, ensuring stable demand.
More about this property
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