Property profile

2313 SE Loop Carthage, TX 75633

OFF-MARKET
Hotels
Built 2000
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hotels
Year built 2000

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2313 SE Loop Carthage, TX 75633
Carthage metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.00M

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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