$4,500,000

Price REDUCED below appraisal value, income-producing. Uncover an extraordinary investment opportunity in a highly sought-after location, positioned directly across from the iconic Six Flags amusement park and surrounded by several prominent warehouses. This well-established motel features an inviting array of 106 comfortable rooms, each designed to provide guests with a restful retreat. The property is topped with a newly installed tile roof, which not only enhances its visual appeal but also promises long-lasting durability. Conveniently located right at the exit of Interstate 20, this property boasts ample parking spaces, making it easily accessible for both guests and visitors. Additionally, the motel is equipped with essential amenities, including a conference room, laundry facilities, vending machines, and an ATM, catering to the diverse needs of its patrons. What sets this property apart is its unique potential for transformation into apartments, presenting an exciting opportunity to boost its profitability significantly. Don't let this chance to invest in a versatile and strategically located asset pass you by!