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1213 E US Highway 80
Mineola, TX 75773

$350,000 USD

Hotel For Sale  •  11,325 SF

Property Details

  • Property Type Hotel
  • Total Building Size 11,325 SF
  • Lot Size 2.44 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 13.39 %
  • Zoning Commercial
0 Transit Score
3 Walk Score

Description

Renovations were made three years ago, including flooring, tile, and bathroom upgrades.
A new roof was installed six years ago.
This business includes an owner's suite. 
The living area includes
3 bedrooms, 2 bathrooms, 2 living rooms, 1 kitchen, and 1 office. 
16 total rooms are for rent.
Cap Rate: 13.39 %

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
Mineola (Texas Eagle - Amtrak) 2 min - 1.4 mi
AirportDriveWalkDistance
Tyler Pounds Regional 35 min - 26.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Ritik Gopal 903-352-8355 Budget Inn
Ritik Gopal 903-352-8355 Budget Inn