1,918 SqFt
1,918 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 1,918 sqft
Price per Sqft $1,694
Subdivision Hamilton-Rasberry
MLS Listing ID 8415636
Originating Board actris
Year Built 1918
Annual Tax Amount $1,666
Tax Year 2022
Lot Size 4.230 Acres
Acres 4.23
Property Description
Awarded numerous accolades year after year by Trip Advisor for the top 1% in the United States and top 10 % in the world!
Centrally located 1 hour from Austin, TX, Waco, TX, Temple, TX, and Bryan/College Station TX This location is known as “The Golden Triangle” due to its convenient proximation to many other cities.
Beautifully manicured grounds and gardens, multiple porches and sitting areas, and an immaculate outdoor area covered in lush green grass and shaded by 100 plus year old Oak Trees.
This historic motel has 37 uniquely themed rooms, suites & apartments and is nestled on 4 acres! Every room is uniquely furnished in the most tasteful & elegant manner.
Motel is turnkey operation and ready for a new owner to continue the 5 star tradition of Rainbow Courts. The current owners live on property in a most adorable 2BR/2BA home that adjoins the front office area. The home is adorned with hard wood floors, top of the line appliances, a family room, a glassed rear entry way, and the most inviting and comfortable atmosphere you’ve ever experienced This owner residential area could continue to be used as an owners residence, converted into additional lodging for guests, or easily converted into an on property restaurant or community gathering area for guests. Don’t miss out on this once in a lifetime opportunity!
Location
State TX
County Milam
Interior
Heating Central, Ductless, Fireplace(s), Varies by Unit, See Remarks
Cooling Ceiling Fan(s), Central Air, Ductless, Humidity Control, Varies by Unit, Wall/Window Unit(s)
Flooring Carpet, Slate, Tile, Vinyl, Wood, See Remarks
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, See Remarks
Waterfront No
View Garden
Parking Type Additional Parking, Carport, Driveway, Gravel, Open, Outside, Parking Lot, Varies by Unit
Total Parking Spaces 100
Building
Story 2
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Structure Type Cedar,HardiPlank Type,Vinyl Siding,Wood Siding,Stone
New Construction No
Others
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "