Price: $499,000
Status: Pending
Property Type: Other
Year Built: 1940
Days on Website: 83
Courtesy of Vortex Realty, Adriana Castro (210) 647-6557
Property Description
Discover a rare opportunity to own a short-term rental portfolio in the heart of Karnes City Texas- With an established reputation, exceptional occupancy rates, a fully operational rental model, this offering presents an ideal blend of stability, scalability, an investment opportunity! Impeccably maintained, Star Inn Hotel and Suites offers 16 rooms to rent, 9-singles, 5 suites, 2 budget doubles, office, manager suite and a commercial size utility room. Paved parking accommodates approx. 17 parking spaces. This one story, 16 room hotel presents the opportunity to purchase a well-maintained turnkey asset.
Open House
Property Details and Features
- Listing
- Listing date: 2025-05-16 05:00:00
- 68 days on market
- 68 cumulative days on market
- $108 per square foot
- Location
- County: Karnes
- Area: 3100
- Building
- Built in 1940
- Approximate age: 85
- Building/center name: STAR INN HOTEL AND SUITES
- Wood
- Stone
- 4,620 square feet
- 1 story
- 3 buildings
- Foundation
- Slab
- Roof
- Metal
- Interior Features
- Ceiling height: 9
- Cooling
- Window
- Heating
- Other
- Property
- Zoning: COMMERCIAL
- Schools
- School district: Karnes City I.S.D.
- Miscellaneous
- Monthly lease: $0
- None
- None
- No
- Deed
- 16 rentals
- 16 parking spaces
- 17 units
- Other tax: 1793.65
- Taxes
- Total tax: $1,794
- City tax: $0
- County tax: $0
- $0 school tax
- Property Tax ID: 10840500000000
- Utilities
- Gas utility supplier: Karnes
- Electric utility supplier: Karnes
- Water utility supplier: Karnes
- Sewer utility supplier: Karnes
- Electricity
- Gas
- Water
- Telephone
- Sewer
- Cable TV
Property Map
$499,000 – 303 N State Hwy 123, Karnes, TX 78118
