| Status: FOR SALE
Holiday Inn Express
Hotel in Dumas, Texas
1525 US 287
(South Dumas Avenue)
Dumas, Texas
Sales Price: $3,970,000
Property
Description: Great
Investment
Opportunity
(not listed
on market)
Rated #1 Hotel
in Dumas, Texas
according to
Travelpost.com
Located on US 287
- 45 Minutes north
of Amarillo.
US 287 links
Dallas-Fort Worth
and Denver.
Two-story 54 room hotel
(35,000 sq. ft. building).
Built in 1996 on 2 acres
Over $250k in remodeling
completed in 2006.
Average Occupancy
Rate 85 - 90%.
2007 Gross Revenue - $1.25M
Cap Rate - 10%
Shown by strict
appointment only
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