158 County Rd Verhalen, TX 79772
Profitable 18-unit motel in Pecos, TX
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 365
Property Features for 158 County Rd
General Information
- Property type
- Motels
- Square Feet
- 9,220 SF
- Lot Size
- 333,670 SF
Building Details
- Year Built
- 2017
- Buildings
- 18
- Stories
- 1
HighLights
- Asking Price: $1,250,000
- Property Type: 21‑room motel in Pecos, Texas, offering an 8% cap rate and $100,000 NOI.
- Building Details: 18 buildings totaling 9,220 square feet on a 7.66‑acre lot, built in 2017. Includes a manager's office/home, laundry room, and two storage buildings.
- Investment Highlights: Owner/user opportunity in a Texas Opportunity Zone. Expansion potential with readily available utilities. Two additional units planned for construction this year, increasing gross rent by $6,000 per month.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Verhalen
- County
- Reeves
- State
- Texas
- Longitude
- -103.5241278
- Latitude
- 31.4294646