335 Shelby St Carthage, TX 75633
Property size:
18,550 SF- Added:
- Dec 11, 2024
- Days on Market:
- 365
Property Features for 335 Shelby St
General Information
- Property type
- Multifamily properties
- Square Feet
- 18,550 SF
- Class
- C
Building Details
- Year Built/Renovated
- 1957/2024
- Buildings
- 1
- Stories
- 1
- Units
- 14
HighLights
- 13‑unit motel with a 1‑bedroom house on‑site, currently 100% occupied with weekly tenants; average monthly rent per room: $930-$1200.
- Recently remodeled and meticulously maintained; priced to sell, including building, inventory, and improvements. Sold AS IS; NDA, proof of funds, and valid ID required for financial statements.
- Strong cash flow with upside potential under new ownership (since April 2024). Ideal for first‑time hospitality buyers or investors seeking conversion to multi‑family.
- Conveniently located within 45 minutes of Margaritaville and Horseshoe Casino. Near UT Health and major employers including ExxonMobil, Baker Hughes, Chesapeake Energy, DCP, Chevron, and Tyson Foods. Situated in a charming small town.
- Highest and best offers considered. Agent/owner; contact 832‑438‑6292 for information. Tours by appointment only.
Property Profile
Location Intelligence
Current Use by Public Records
Economy Inn - Carthage ...
Motel
Location Insight
- Map
- Local Demand
- City
- Carthage
- County
- Panola
- State
- Texas
- Longitude
- -94.3361842
- Latitude
- 32.1520124
Nearby Similar for Sale
FAQs
Where is this multifamily property located?
The property is located at 335 Shelby St Carthage, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 13-unit motel with a 1-bedroom house on-site, currently 100% occupied with weekly tenants; average monthly rent per room: $930-$1200.; Recently remodeled and meticulously maintained; priced to sell, including building, inventory, and improvements. Sold AS IS; NDA, proof of funds, and valid ID required for financial statements.; Strong cash flow with upside potential under new ownership (since April 2024). Ideal for first-time hospitality buyers or investors seeking conversion to multi-family.
