Shawn Box, Broker
3228 S College Hills
San Angelo, TX 76904
325.949.0804

700 S Hwy 70, Blackwell, TX 79506 - MLS #109834

MLS #109834 (Status: Active)

700 S Hwy 70
700 S Hwy 70
Blackwell, TX 79506
11 apx. acres
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Price: $639,000
est. payment /mo.
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Turnkey business opportunity in Blackwell Texas. Ten room motel, currently in operation, with a 2900 sq ft residential home used for housing crane operations crews for current owners. Motel has occupancy of approximately 75% throughout the year. Several RV lots with full hookups on the property. Current Onsight manager willing to negotiate terms to continue to manage motel & residential lease. Busiest during hunting season & used by the crane operators throughout the year. Current owners will lease back industrial operations yard on a three-year lease back, with option to renew two additional three-year terms, potential for 9 years occupancy. Lease back terms to be negotiated with contract for sale. Opportunity to realize income immediately, or work towards short term payoff. The property is in the heart of outstanding hunting country in central TX. Hunters who are regular renters of the motel return each year. The Motel is a short distance to Oak Creek Reservoir, great bass fishing.
Shawn Box Real Estate
Shawn Box Real Estate
4645 Southland
San Angelo, TX 76904
(325) 949-0804 [office]
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Provided By: Dierschke & Dierschke
Information Last Updated: Dec 08, 2022