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Allan Miller & Christopher Gomes Sell Canadian Courts Motel Near Amarillo Texas
SOLD
Texas
See Similar DealsHotel
Sold 06/14/2024
SOLD
Allan Miller & Christopher Gomes Sell Canadian Courts Motel Near Amarillo Texas
220 North 2nd Street
See Similar DealsHotel
Sold 06/14/2024
Summary
TEXAS
Asset Type:Hotel
Transaction Type:Sale
The Canadian Courts Motel, a 50-room hospitality property located at 220 North 2nd Street near Amarillo, Texas, was recently sold. The property offers amenities like free breakfast and a large event space.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Keys: 50
- Brokers: Allan Miller & Christopher Gomes - Marcus & Millichap
Marcus & Millichap facilitated the sale of the Canadian Courts Motel. The transaction involved private investors on both sides, and the identities of these investors were kept confidential.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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