For Lease
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Property summary
The property in Carthage, Texas consists of a 13-unit motel and an additional 1-bedroom, 1-bath house on the same site. The motel configuration is described as having 13 beds and 13 baths across the 13 units, and the property also includes space that can support on-site management or generate separate residential rental income via the attached house. The listing states that the entire property underwent remodeling and recent updates, though specific renovation details are not provided. The motel is described as historically operated with both weekly and daily tenants, and the property is configured to support continued use as lodging and/or potential conversion to multi-unit residential apartments depending on applicable requirements.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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