University Inn for Sale Commerce Texas
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University Inn for Sale
Commerce, Texas
Price Reduced
Property Description

Scoggin Blue LLC has been retained by the owners as its Exclusive Agents in the sale of their Property, the University Inn in Commerce, Texas.

Home of Texas A&M University – Commerce, the community, is 60 miles northeast of Dallas off I-30. As the Gateway to Texas Lake Country.

Commerce is less than 15-minutes from Cooper Lake which offers fishing, camping, boating, and water skiing.

Both access and visibility are excellent from Highway 50.
University Inn for Sale, Commerce, TexasEnlarge Image
Motel PoolEnlarge Image

Area Attractions:

  • Texas A&M University – Commerce
  • Bois d’Arc Bash & Car Show
  • Annual Golf Tournament
  • Christmas in Downtown Commerce
  • Northeast Texas Children’s Museum
  • Cowhill Chilifest
  • Planetarium
  • Cooper Lake
  • Dairy Museum
  • Audie Murphy/American Cotton Museum
  • Greenville Entertainment
  • Threadgill Entertainment

Property highlights:

  • One story, 60-unit property
  • Exterior/interior corridor
  • Concrete foundation
  • Brick exterior walls
  • $1,000,000 renovation completed on property
  • Fenced in Swimming Pool
  • Laundry room has 2 washers and 2 dryers
  • Large parking ares
View of motel from backEnlarge Image
Inn LobbyEnlarge Image The property has approximately 9+/- acres fee simple land (owned).

Amenities:

  • Free Continental Breakfast
  • Microwaves and Refrigerators in Select Rooms
  • Free Wireless Internet
  • Outside Swimming Pool
  • In-Room Coffee
  • In-Room Hair Dryer
  • In-Room Iron & Ironing Board
  • Cable Television
  • Free Local Calls
Inn RestaurantEnlarge Image
Inn conference roomEnlarge Image

Three Conference Room areas seats a total of 100.

The lounge seats approximately 60 people

Both Restaurant and Lounge have flexible hours and are willing to accommodate large groups.

Room Configuration:

  • King - 12
  • Doubles - 48
  • Total - 60
Inn king guest roomEnlarge Image
Financial Summary
Price Reduced $1,400,000 $1,200,000  
Number of Units 60  
     
12 Months Ending 03/2008  
Room Revenue $342,920  
Occupancy 31%  
Average Daily Rate $51.63  
NOI Multiplier 5.62  
General Information
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Location Map

 
 
Confidentiality Notice
The Owner is very sensitive to the disruption of the Property.
PLEASE DO NOT contact the property or its employees without prior arrangements with Scoggin Blue LLC.
 
 
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Scoggin Blue LLC - 505-523-7421 Fax: 505-524-3699 - Hotel Brokers    
 
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