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Motel For Sale In Palestine, TX

66-Room Motel in Palestine, Texas

On NextCompany since October 15, 2026 (today)

Palestine, TX
Financial summary
Asking price
$4,200,000
Gross revenue
$1,100,000
Cash flow (SDE)
N/A

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Business overview

A 66-room motel operates in Palestine, Texas, with exterior corridors. The property includes a 3-bedroom apartment and a swimming pool. An on-site restaurant serves breakfast. The motel reports $1,100,000 in gross revenue and an 18% cap rate. The asking price is $4,200,000.

Who is a good fit for this business

  • Motel operators seeking 66 rooms with exterior corridors and an on-site breakfast restaurant.
  • Hospitality buyers seeking a property with a 3-bedroom apartment and swimming pool.

Details

Frequently Asked Questions

The motel has 66 rooms. Exterior corridors provide access to the rooms.

The property includes a 3-bedroom apartment and a swimming pool. Its on-site restaurant serves breakfast.

The motel reports $1,100,000 in gross revenue and an 18% cap rate. The asking price is $4,200,000.

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