info This space is no longer listed on Digsy
View other spaces in this property

or Browse more properties in Waxahachie

Available For Sale - Hospitality

17,120 SF | Show Pricing $

AVAILABILITY DETAILS

Size
17,120 SF
Price/SF
Show Pricing $
Listing ID
SA439522
Notes
Super 8 by Wyndham is a 38 room, limited service economy brand located in Waxahachie, TX. Constructed in 1999 and completely remodeled in 2018-2019, the hotel is located on heavily-trafficked Interstate 35, about 30 miles south from the Dallas-Forth Worth-Arlington Metroplex. The hotel recently completed an approximate $500,000 in renovations so no PIP for expected for the new owner. The hotel has 38 smoke-free rooms across 2 floors in a single building with an overall living space of 16,536 SF. There is also a 2-bedroom managers apartment on site in addition to the 38 rooms. The property sits on a 2.05 acre of land. Current owner is willing to offer owner financing with 50% downpayment to facilitate an easy way for new buyer to purchase the hotel. The location is perfect for a young family who can live on site and manage the hotel.



Some of the standard amenities are an outdoor pool, free breakfast, complimentary tea and coffee in the lobby, self-service laundry on-site, free WiFi, and free parking. Each room comes with a flat-screen TV, premium channels, hairdryer, a microwave, and refrigerator. The hotel is approximately an 8 minute drive to the Waxahachie Civic Center. At the Civic Center, events like conventions, corporate events, expos, weddings, and other formal events are held there. The hotel is also only a 6 minute drive to the fairgrounds where the famous Scarborough Renaissance Festival is held. The festival runs through the months of April and May every year that showcase performances, shops, and food. There are 21 stages with more than 200 performances over the course of 2 months. The fair is 35 acres in size and receives over 200,000 visitors each year.
Uses
Hospitality

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Rav Singh CCIM, Singh Commercial Group
BRE# 0560351