908 Jefferson Ave Whitney, TX 76692-2441
- Commercial real estate
- 10,154 SF
- 1.00 lot acres
Apr 27, 2022
Current Use by Public Records
- Commercial real estate
Property Details for 908 Jefferson Ave
- Year built
- 1983
- Lot size
- 1.00 lot acres
- Property size
- 10,154 SF
- Property type
- Commercial real estate
- APN
- 102199
- APU
- 102199
Description
This exceptional investment opportunity presents a 12-unit motel ideally situated just minutes from the shores of scenic Lake Whitney, Texas. The property boasts a total of 5,175 square feet and sits on a one-acre lot, offering significant potential for expansion. The existing motel has been remodeled and includes twelve partially furnished units, four of which are suites. The motel's location on the rear half of the lot leaves the entire front half available for future development, potentially including additional business ventures, RV parking, or boat storage. Lake Whitney's popularity as a destination for fishing, boating, and camping, combined with its proximity to larger urban areas, creates a strong demand for lodging. This translates into a high occupancy rate and significant revenue potential for a savvy investor. The small-town atmosphere of Whitney, coupled with its local shops and events, further enhances the property's appeal to tourists seeking a relaxing getaway. This is a rare chance to acquire a well-maintained, established business with substantial room for growth in a desirable lakeside location. The property's size and location make it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The existing infrastructure provides a solid foundation for immediate income generation, while the ample available land offers exciting possibilities for future expansion and increased profitability. This is a turnkey operation ready for a new owner to step in and capitalize on its considerable potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Whitney
- County
- Hill
- State
- Texas
- Longitude
- -97.3093
- Latitude
- 31.9553