
Courtesy of: Bridget Guess, HCR Realty LLC, hcr.bridget@gmail.com
$1,050,000
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Lot: 1.00 Acres
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Other
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$1,050,000
1100 E Main Street Motel Room Mix (21 Total Units)City Motel in Knox City is a well-maintained 21 unit hospitality property offering multiple income streams and excellent highway visibility. The motel features a diverse mix of room types, including king rooms, double bed units, kitchenettes, and a spacious three-bedroom suite, with all rooms equipped with microwaves and refrigerators. Recent upgrades, such as a new roof, updated hot water heaters, high-speed Wi-Fi, new mattresses, and a modern security camera system, enhance both guest comfort and operational efficiency. The property also includes six fully serviced RV spaces with 50, 30, 20 amp hookups, a large lot suitable for semi-truck parking, and on-site living quarters consisting of a three-bedroom, two-bathroom apartment connected to the office. Additional amenities include guest laundry, commercial laundry equipment, an ice machine, and newly installed solar panels that contribute to long-term energy savings. A large attached commercial space offers excellent potential for future expansion. With streamlined operating expenses and strong annual income, the property delivers an attractive return on investment, making it a compelling opportunity for both owner-operators and investors seeking stable cash flow with room to grow. Contract the Listing Agent for more details.
Courtesy of: Bridget Guess, HCR Realty LLC, hcr.bridget@gmail.com
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