205 Broadway St Fritch, TX 79036
This Fritch, Texas motel presents a compelling investment opportunity. The 20-key, two-story property, built in 1965, boasts 8,912 square feet on a 33,585 square foot lot. Located at 205 E Broadway St, Fritch, TX 79036 (APN 11880), it benefits from high visibility and significant daily traffic. The property includes on-site maintenance and offers ample parking (25 spaces). Currently operating as a motel, the property has a commercial zoning permit and presents potential for revenue growth through increased occupancy and rate adjustments. The asking price is $399,000 ($19,950 per key). This owner-user investment opportunity allows for flexible revenue streams and caters to various guest types. Potential improvements include enhanced marketing, property updates, and operational streamlining to maximize profitability. The property is being sold as-is.
-
Lonestar Inn & Suites Hotel & Motel
-
Cammy hoover Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.