Property profile

204 Sweeten St Rocksprings, TX 78880

OFF-MARKET
Commercial real estate
23,632 SF 1.08 ac lot Built 2010
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Property summary

AI-generated overview

This exceptional investment opportunity in Rocksprings, TX, presents three distinct lodges situated on separate parcels totaling 1.08 acres. The property boasts a combined 23 guest rooms, offering diverse accommodation options. Each lodge features its own laundry facilities, enhancing operational efficiency and guest convenience. Lodge 1, a cozy establishment, includes 11 well-designed rooms. Lodge 2 provides 6 comfortably appointed rooms, catering to travelers seeking a pleasant stay. Lodge 3, also with 6 rooms, complements the offering, providing a consistent and high-quality guest experience. The individual lodge locations offer unique character and potential for future expansion. The property's total square footage is 23,632, encompassing all three lodges and their associated amenities. The strategic placement of the lodges allows for a varied guest experience, capitalizing on the area's natural beauty and recreational opportunities. The proximity to local attractions and outdoor activities, including hunting, makes this a highly desirable location for tourists and travelers. This turnkey operation presents a compelling investment opportunity in a charming small-town setting with significant potential for growth and profitability. The asking price is $2,489,500.

Property profile

Verified
Property type Commercial real estate
Year built 2010
Total area 23,632 SF
Lot 1.08 ac (47,045 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 Sweeten St Rocksprings, TX 78880
Rocksprings metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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