2313 SE Loop Carthage, TX 75633
- Hotels
Current Use by Public Records
- The Regal Hotel / Hotel
Property Details for 2313 SE Loop
- Year built
- 2000
- Property type
- Hotels
- Property subtype
- Hospitality properties
Description
Devesh “Devo’ Ragha with NewGen Advisory is pleased to announce for sale the Regal Hotel – Carthage, TX. This property features 50 interior corridor units. A double extended 3-bedroom, 2-bath side-by-side is also located on the property for management/owner. Renovations completed in June 2024 with $125k in Capex. The largest industries in Carthage, TX are Health Care & Social Assistance, Retail Trade, and Mining, Quarrying, & Oil & Gas Extraction. The City of Carthage is known as the Gas Capital of the United States and the friendliest spot in the world. They have it all – temperate weather, lots of jobs, a low tax base, good schools and churches, and the world famous Texas Country Music Hall of Fame. Location Description Discover the vibrant city of Carthage, Texas, an ideal location for the hospitality and economy industries. Nestled in the heart of East Texas, the area is renowned for its rich history, charming downtown, and friendly community. Visitors can explore the Texas Country Music Hall of Fame, take in the beauty of Panola College, or enjoy the famous Texas Country Music Fest. With its proximity to Lake Murvaul and numerous outdoor recreational activities, the area offers a perfect balance of work and leisure. From local dining hotspots to unique boutiques, the area provides a welcoming and dynamic environment for businesses and visitors alike.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carthage
- County
- State
- Texas
- Longitude
- -94.324715
- Latitude
- 32.14746
