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Real Estate For Sale

Sudan, Texas Motel - Apartments

Income Property

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For Sale

Motel in West Texas

Now used as apartments. On US Highway 84 between Lubbock, Tx and Clovis, NM.

Presently offered by Texas Church corporation and property tax exept status.

Seller (Tx. Church corporation) needs to cash out due to the managers health and Churches interest is other related housing areas. Appraised April 2002 over $65,000 for property value not rented at that time (market value & cost approach). Rents at $300 to $325. mo. fordouble sleeping room that we are planning to add a kitchenette to and $450 per 1 bedroom efficency apartment. Property is wood frame with realbrick veneer exterior, newer metal roof and satellite dishes. Nice owner/manager apartment that could be rented for over $550. a month. Replacement cost (2002 appraisal) about $165,000. Has an extra room that can be used as an office, sleeping room, nightly rental (like a motel) or for storage. REDUCED - $82,500 (from $94,900 originally then down in the $91,900 when the realtor had the propety listed).

We have replace some space heaters (I am aware of 2 wall heaters that need some work. One needs a new burner part and one needs some tubes (baffels I believe).

Presently set up with owners apt and chapel at front by carport. Unit 1 is 1 bedroom, Unit 2 is 2 bedroom (or 1 if preferred), Unit 3 is a 1 bedroom. Unit 4 is a double sleeping room that is ready to have a kitchen installed and there is a room at the end. This layout can be changed to larger apartments for personal use. Example: Unit 1 and the owners apt. are connected. One kitchen could be removed. Includes work area in laundry room. This would convert to a 3 or 4 bedroom with 3 baths. Only unit with a back door. Unit 2 has the larger living area-kitchen. Unit 3 and 4 can be easily opened up into a roomy 2 bedroom 2 bath and laundry area optional. Also have 1 room on the end of bldg.

Note: Unit 2 could convert to a 2 bedroom with the room next to it. There is a door to the interior as well as an outside door.

Other uses include Motel, seminary,monastery or large family home.

This could also be converted back to a motel by replacing a few doors and adding some drywall.

PRICE REDUCED

Newer digital antenna installed

Send e-mail or call 806-227-2214 for information.


View from back towards front and Highway

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If another church (type) organization buys this property it might be possible to remain tax exempt with corporate transfer. The Bishop knows more of these details.

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ARKANSAS Real Estate

For Rent

Will barter rent for repairs.

Mountain View, Stone County, Arkansas. We offer for rent an old green lumber house on a few acre in the boondocks. About 14 miles from town. $275 a month rent applied to repairs. When repairs are completed rent will be sent to me.

Send E-mail or call 806-227-2214

NEW MEXICO ACRE less road dedication

Nice corner unimproved lot, rural setting, near Rte 66/I-40. $6,995. Owner Financing or consider trade - Travel trailer or maybe down payment on other suitable inexpensive property in NM or AZ.

Send e-mail or call 806-227-2214

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Some of our more recent maintainence has been installing a new hot water heater, cleaning out a couple more, painting some units, plumbing repairs, and having some appliances as well as some wall heaters repaired (minor problems).

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E-Mail: sudan_tx@webtv.net

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