REDUCED: Motel 6 – 2233 Vine Street Colorado City, Texas 79512

August 2, 2024 by

Please complete the confidentiality agreement HERE to be sent financial information.

Price: $585,000
Address:
City: Sweetwater
State: TX
ZIP: 79556
Rooms #: 24

Additional Features:

DEAL FEATURES

Easy access and visibility off Interstate 20
Oversized guest rooms with kitchenettes
SBA financing candidate
Offered at discount to replacement cost
Limited renovations costs expected
Property could be operated as independent hotel or converted to extended-stay facility or apartments

LOCATION HIGHLIGHTS

County Seat for Nolan County
At intersection of Interstate 20 and Texas Highway
70, halfway between Atlantic and Pacific Coasts

Close to Regional Demand Generators:
Rolling Plains Memorial Hospital
National WASP WWII Museum
Nolan County Coliseum
Newman Park
Home to the Largest Rattlesnake Roundup in the USA

Financials

Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the confidentiality agreement HERE and we will contact you with more details!

Highly Impressed By His Knowledge And Integrity

I have worked with David Mumford and Mumford Company on several transactions over the last 13 years, and I’ve been highly impressed by his immense knowledge of the hospitality industry, specific brands and his integrity. I thank David and his group for their vast knowledge in this industry and look forward to working with them again!

Jay Patel

A Pleasure Working With You

"Dear Mr. Kirby ... Armen and I would like to thank you, Burton Brooks and your company for helping to sell our property. We would like to especially thank Mr. Brooks for his hard work and due diligence. We can honestly say that it was a pleasure working with both of you. ... Both you and Mr. Brooks made this an extremely positive experience. We will always highly recommend The Mumford Company and hope to continue to do future business with you. God Bless, Always."

Armen and Priti Grigorian

Beyond Normal Broker Expectations

Ed, You went beyond normal 'Broker" expectations and responsibilities with all your Best Western communications and planning for the transfer of the membership as well as working with the purchaser though the whole process. I have never seen a Broker do so many well done tasks to get a hotel sold. You are the man,

Harvey Moore

I truly appreciate it

"Thanks very much for your cooperation in this transaction. It was a pleasure working with you all. I truly appreciate it. It was also pleasure working with seller for their their understanding and full cooperation."

Pravin K. Patel

A “win / win” for every deal

I have worked with David and Mumford & Co - Hotel Brokers since 1991. I have used them numerous times as both a seller and a purchaser. David’s deep knowledge of the market and timeliness in working the "deal" is without question the best I have experienced in the hotel real estate brokerage. In these challenging times, I value David’s integrity and creative ideas in getting to a "win / win" for every deal we work on. My highest recommendation!

Michael L. Allen

New Albany Hampton Inn

"Dear Robert ... You recommended the Mumford Company two years ago, and I could not have been more pleased. As you know, the sale of the New Albany Hampton Inn was challenging. Steve Kirby and the rest of his team were very professional, gave me consistently good advice, was clearly on our side through the whole ordeal, I always felt very well represented by them and were a joy to work with from beginning to end."

Kevin S. McKenney

Senior Principal

David Mumford

Managing Principal

Ed James

Managing Principal

Steve Kirby

Managing Principal

Justin Pinkard

Vice President

Burton Brooks

Vice President

Ryan Patterson

Vice President

Carter Willcox

Senior Associate

GR Patel

Sales Associate

Tripp Lowe

Sales Associate

Andrew Lowe

Senior Associate

John James

Sales Associate

Lillian Walker

Sales Analyst

Nick McCardel