1157 W Bypass 287 Alvord, TX 76255
9,295 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 9,295 sqft
Price per Sqft $376
MLS Listing ID 21171739
HOA Y/N No
Year Built 1983
Lot Size 0.638 Acres
Acres 0.638
Property Sub-Type Hotel/Motel
Property Description
Trusted Stay Motel features 16 remodeled en-suite rooms, many of which include kitchenettes with a sink, countertop burner, microwave, and compact refrigerator. Several rooms have been updated with modern walk-in showers, new flooring, fresh interior paint, and updated furnishings. The property accommodates nightly, weekly, and monthly stays.
In addition to the motel rooms, the property includes a 900 sq ft condo and a 900 sq ft house currently used as the office—both offering potential for owner or manager living quarters or additional rental income. The house also features a small fenced yard.
With its strategic location, paved parking lot, ample parking, and grassy pet-friendly areas, this property offers endless possibilities. Potential uses include continuing motel operations, converting to senior housing, nonprofit housing, rehabilitation or recovery housing, or a variety of other residential or commercial purposes.
This is a strong income-producing property in an area experiencing significant growth. North Texas continues to expand rapidly, and Alvord is poised for future development. Don't miss the chance to secure this versatile investment opportunity while the town is still on the rise.
287 is about to be I47- Trump Highway. Current traffic count is approximately 50,000 per day.
Location
State TX
County Wise
Zoning Hotel
Direction GPS works best from your location.
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Laminate
Inclusions Business, Furniture, Inventory, Land & Improvements
Fireplace No
Exterior
Parking Features Additional Parking, Concrete, Driveway
Utilities Available Cable Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Private Pool No
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 201132093
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21171739