1157 W Bypass 287, Alvord, Texas

$2,500,000

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9,295

Square feet

0.64

Acres

About 1157 W Bypass 287

Incredible opportunity to own a well-known and established motel in Alvord, TX, located in Wise County just off Highway 287 “Colorado Highway”. Alvord is a growing community situated approximately 10 miles northeast of Decatur and about 50 miles north of Fort Worth, offering excellent visibility and convenient access for guests. Trusted Stay Motel features 16 remodeled en-suite rooms, many of which include kitchenettes with a sink, countertop burner, microwave, and compact refrigerator. Several rooms have been updated with modern walk-in showers, new flooring, fresh interior paint, and updated furnishings. The property accommodates nightly, weekly, and monthly stays. In addition to the motel rooms, the property includes a 900 sq ft condo and a 900 sq ft house currently used as the office—both offering potential for owner or manager living quarters or additional rental income. The house also features a small fenced yard. With its strategic location, paved parking lot, ample parking, and grassy pet-friendly areas, this property offers endless possibilities. Potential uses include continuing motel operations, converting to senior housing, nonprofit housing, rehabilitation or recovery housing, or a variety of other residential or commercial purposes. This is a strong income-producing property in an area experiencing significant growth. North Texas continues to expand rapidly, and Alvord is poised for future development. Don’t miss the chance to secure this versatile investment opportunity while the town is still on the rise. 287 is about to be I47- Trump Highway. Current traffic count is approximately 50,000 per day.

Features of 1157 W Bypass 287

MLS® # 21171739
Price $2,500,000
Square Footage 9,295
Acres 0.64
Year Built 1983
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information

Address 1157 W Bypass 287
Subdivision None
City Alvord
County Wise
State Texas
Zip Code 76255

Amenities

Utilities Cable Available, City Sewer, City Water
Garages Additional Parking, Concrete, Driveway
Is Waterfront No
Has Pool No

Interior

Heating Central
Fireplace No
# of Stories 2
Stories 2

Exterior

Roof Composition
Construction Brick, Siding
Foundation Slab

Additional Information

Zoning Hotel
Short Sale No
RE / Bank Owned No

Listing Details

AgentTeresa Von Illyes
OfficeAmeriPlex Realty, Inc.

Listing Map

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