Description
Amazing Investment Opportunity!! Don't miss your chance to own the historic Sundown Motel on the old Route 66! This motel opened in 1944 under the name Pantex Courts. The Sundown Motel is a small, one story, vintage motel that serves not only nightly guests, but some long term tenants as well. With 23 rooms, plus 3 additional rooms used as storage, AND an Owner's Suite...There is money to be made here!! With all the rooms rented at the current rates and occupancy, monthly income is well over $15,000. This was the site of the Jame's Courts in the late 40s and early 50s. Highest and best use would be tear down and redevelop, or convert to long term apartment rental. Please do NOT go onto the property unaccompanied or without an appointment.
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0BEDS
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0.98ACRES
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28BATHS
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01/2 BATHS
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4,101SQFT
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$146$/SQFT
School Ratings & Info
Description
Amazing Investment Opportunity!! Don't miss your chance to own the historic Sundown Motel on the old Route 66! This motel opened in 1944 under the name Pantex Courts. The Sundown Motel is a small, one story, vintage motel that serves not only nightly guests, but some long term tenants as well. With 23 rooms, plus 3 additional rooms used as storage, AND an Owner's Suite...There is money to be made here!! With all the rooms rented at the current rates and occupancy, monthly income is well over $15,000. This was the site of the Jame's Courts in the late 40s and early 50s. Highest and best use would be tear down and redevelop, or convert to long term apartment rental. Please do NOT go onto the property unaccompanied or without an appointment.