Property Listing No Longer Available for Sale

W. Hwy 90, Marathon, TX

Motel for Sale - $1,400,000


Property Info

CIMLS#118987
Location
  W. Hwy 90
  Marathon TX 79842
UpdatedNovember 9th, 2009
TypeMotel
Price$1,400,000

Property Description

The Marathon Motel is located ½ mi. west of Marathon on hwy. 90. It sits on 9.85 acres with unobstructed views of the Glass and Del Norte Mountains.

The Motel consists of a total of ten rooms, divided into four duplex cabins, each with two double beds, private bath and cable TV. Two single rooms located on the ground floor of the two-story bldg., which have the same amenities, but with one double bed. There is a 1 BR, 1 bath fully furnished and equipped apartment located above the two single rooms, and is available for nightly or weekly rentals, the office which consist of the front desk, fully equipped kitchen and store room, an Adobe Walled courtyard, a Patio area with associated fully equipped kitchen and laundry room. There is a 19 space, full-hookup RV Park with newly renovated southwest style bathrooms, 7 spaces in the north park with 30/50 amp service, and 12 spaces in the west park with 30 amp service.

A room adjacent to the kitchen houses the radio station, "Basin Radio" broadcasting on 100.1 FM as well as streaming on the internet at http://www.basinradio.net/, as a service to the community for entertainment and announcements, and two "Cable Access" channels, broadcasting on the local cable network. Channel 98 features Big Bend promotional/informational videos and any other interest of the West Texas/Big Bend region.

Channel 6 is a "Power Point" presentation offering advertising for area businesses, as well as community announcements/notices.

Also included on the property is a 3 BR, 2 Bath all electric home, built in 1992. It features a living room with fireplace and built in bookshelves, dining room, spacious kitchen, and laundry room with built in Ironing Board. It is carpeted throughout, with linoleum flooring in the kitchen and laundry room. All appliances are included. In addition, it also features a stucco walled backyard for privacy.

The property also features a working windmill with an elevated tank used for landscaping; a pond with a redwood deck, garden with raised beds and a grapevine covered Arbor.

Lots of room to grow and expand this business.

Average annual income of $280,000

Owners are motivated, make an offer!!


Financials

Marathon Motel and RV park had a average total annual income of $280,000. Base on the last 3 years of info.