Remarks

Attention Investors, The Gallery House Boutique Hotel, opened for business in September 2020 during Tarleton State University's Annual family weekend with a SOLD out house. This Craftsman Home, originally built in 1895, took two years to restore and convert into a Hotel. A turn-key business. Located half block from Tarleton State University and on a corner lot. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers and upscale linens in each room. Hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House Boutique Hotel has excellent review scores, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House Boutique Hotel has an establised website which captures majority of reservation bookings, as the well as the utilization of third party websites that help direct new business to this charming hotel. Walking distance to Tarleton State University, Historic Downtown, and Hospital district.

Details

MLS#: 20935585
Price: $1,350,000

Style: Hotel/Motel
Year Built: 1895

County: Erath
Subdivision: Park Place Add