Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$3,500,000
1157 Bypass 287, Alvord, Texas 76255, USA
MLS#
21171739
Property Type
Commercial for sale, Hotel
Property Size
9,295 sqft (863.505 m2)
Land size
0.64 sqft (0.06 m2)
Building Size
9,295 sqft (863.5 m2)
Status
Sale price per sqm
4,053.11 $
Virtual Tour
Incredible opportunity to own a well-known and established motel in Alvord, TX, located in Wise County just off Highway 287 “Colorado Highway”. Alvord is a growing community situated approximately 10 miles northeast of Decatur and about 50 miles north of Fort Worth, offering excellent visibility and convenient access for guests. Trusted Stay Motel features 16 remodeled en-suite rooms, many of which include kitchenettes with a sink, countertop burner, microwave, and compact refrigerator. Several rooms have been updated with modern walk-in showers, new flooring, fresh interior paint, and updated furnishings. The property accommodates nightly, weekly, and monthly stays. In addition to the motel rooms, the property includes a 900 sq ft condo and a 900 sq ft house currently used as the office—both offering potential for owner or manager living quarters or additional rental income. The house also features a small fenced yard. With its strategic location, paved parking lot, ample parking, and grassy pet-friendly areas, this property offers endless possibilities. Potential uses include continuing motel operations, converting to senior housing, nonprofit housing, rehabilitation or recovery housing, or a variety of other residential or commercial purposes. This is a strong income-producing property in an area experiencing significant growth. North Texas continues to expand rapidly, and Alvord is poised for future development. Don’t miss the chance to secure this versatile investment opportunity while the town is still on the rise. 287 is about to be I47- Trump Highway. Current traffic count is approximately 50,000 per day.
Property Details
1983 Year Built:
Brick, Siding Construction:
Siding Exterior Description:
Resale Condition:
Laminate, Carpet Floors:
City Water, City sewer Utilities:
Central Heating System:
Central, Ceiling Fan Cooling System:
On Slab Basement and Foundation:
composition Roofing:

Listing by: AmeriPlex Realty, Inc.
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