Motel 6 Cleburne

1720 W Henderson, Cleburne, TX

$3,600,000

Price

8.33%

Cap Rate

$299,849.83

NOI

Overview
Cap Rate
8.33%
NOI
$299,849.83
Building Size
30,336 sqft
Lot Area
2.51 acres
Keys
79
Class
A
Occupancy
79%
Year Built
2011
Floors
3
Description

The Motel 6 in Cleburne is exclusively listed by Tabani Realty. The property was built in 2011 and has been maintained in excellent condition. The property has 79 rooms with an overall living space of 30,336 SF across 3 floors with interior corridors. The hotel sits on 2.509 acres of land that is also included in the sale. The location of the hotel is ideal since it is located right off of State Highway 67 and not far from TX-174, a main road for the area. The hotel is also close to major employers in the area, which is convenient for business travelers.

Motel 6 has many amenities that they offer for their guests. Some of the features that the hotel offers are 24-hour front desk availibilty, an outdoor pool, on-site self-service laundry facilities, free wifi and cable, free coffee/tea in the lobby, and free parking with RV/bus parking available. The property is near some of the local attractions such as Plaza Theater, Layland Museum, Cleburne Golf Links, and Splash Station (local waterpark). The hotel is also less than 10 minutes away from Lake Pat Cleburne where visitors can enjoy lake activities and fishing. The lake is also home to the largest catfish ever caught. Additionally, the property is near Hill College and the Cleburne Municipal Airport. For guests looking to visit major attractions, Fort Worth is only 35 miles away.

Cleburne is a city in and the county seat of Johnson County, Texas. It is located just outside the Dallas/Fort Worth Metroplex. Cleburne is closer to Fort Worth since it is located just 35 miles south of the major city. The most recent population of Cleburne is 30,230. The city has a suburban fell that offers all the joys of Southern living and hospitality. The city has attracted some of the biggest businesses in the world thanks to their abundance of natural resources. The Covia Company and John Manville Company, owned by Warren Buffet, benefit greatly from the vast amounts of silica sands found in the Cleburne area. Other big companies has presence in Cleburne, such as James Hardie, and have big plants the represent the Southern region of the United States.

Many people come visit Cleburne to see the historical aspects of it since the city has many old buildings and homes dating back to the Civil War. The town itself was named after a general in the war. Cleburne is home to the Chisholm Trail Outdoor Museum, one of the most written about Southwestern tails in the United States. The city is also home to the first airplane built in Texas and to the first person that held a pilot license in the state. Another attraction and part of the local history is the Cleburne Railroad Museum. The museum has numerous artifacts and has a lot of information regarding the railroad system in the area and for the state.

Highlights
  • 79 rooms
  • Increased occupancy over the last 2 years
  • Built in 2011
  • Good reviews on booking platforms
  • Close to major businesses for business travelers
  • Located off of state highway 67
  • Close to other major roads for the area
  • Near local attractions
  • 35 miles from Fort Worth
  • 55 miles from Dallas
  • Outdoor pool
  • RV/Bus/Truck parking available
  • Free wifi and cable
  • Free coffee and tea in lobby
  • Self-service laundry facilities on site
Documents

Location
Gallery