200 Walcott StJefferson, TX 75657

Property Details for 200 Walcott St

Year built

2014

Property size (Sq ft)

10,291 SF

Property type

Other commercial real estate

APN

17892

APU

17892

Description

This 35-unit hotel, situated in Jefferson, Texas, presents a compelling investment opportunity. Located in the charming Piney Woods region, this mixed-corridor property boasts a range of amenities including a breakfast area, guest laundry facilities, and multiple kitchenettes. A highlight is the expansive 1,600 square foot presidential suite, complete with a full kitchen and balcony, offering luxurious accommodations. Standard rooms are equipped with microwaves, refrigerators, coffee makers, and 46-inch televisions. High-speed wired and wireless internet access is available throughout the hotel. The property also includes a 2-bedroom, 1-bathroom living quarters, providing convenient on-site residential space. Jefferson's rich history, attractions, shops, museums, and vibrant entertainment scene are all within walking distance, making it a popular leisure destination. Nearby lakes offer abundant outdoor recreational opportunities. Currently absentee-owned, this hotel presents significant upside potential for an owner-operator with a focus on hospitality and marketing. Owner financing is available, making this an attractive proposition for qualified buyers. The property is located at 200 S Walcott St, Jefferson, TX 75657.

• Alternative Use

  Use

  Valuation

  Residential

  $2,594,101

  Hospitality

  $2,376,183

  Educational

  $1,976,956

  Medical

  $2,044,947

  Retail

  $3,075,265

Location Insight

City

Jefferson

County

Marion

State

Texas

Latitude

32.7601

Longitude

-94.3546

Property Tax & Assessments

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