{"id":532515,"date":"2026-03-31T09:17:02","date_gmt":"2026-03-31T14:17:02","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/205-e-broadway-st\/"},"modified":"2026-03-31T09:17:02","modified_gmt":"2026-03-31T14:17:02","slug":"205-e-broadway-st","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/205-e-broadway-st\/","title":{"rendered":"Motel For Sale Fritch TX Investment Property"},"content":{"rendered":"<div _ngcontent-ng-c972339037=\"\" data-cy=\"propertyInfo\" class=\"property-info-container ng-star-inserted\" style=\"border-color: rgb(6, 34, 57); margin: 0px 0px 40px; order: 10; color: rgb(6, 34, 57); font-family: proxima-nova, system, -apple-system, \"system-ui\", \"Helvetica Neue\", sans-serif;\">\n<div _ngcontent-ng-c972339037=\"\" class=\"property-info-data\" style=\"border-color: rgb(6, 34, 57); padding-top: 15px;\"><crx-safe-html-with-abs-links _ngcontent-ng-c972339037=\"\" id=\"descriptionCollapsable\" class=\"pdp-description\" style=\"border-color: rgb(17, 17, 17); line-height: 24px; color: rgb(17, 17, 17);\"><\/p>\n<ul>\n<ul>\n<ul>\n<ul>\n<li style=\"border-color: rgb(17, 17, 17);\">\n<h2 style=\"font-size: 16px;\" class=\"\"><b><span style=\"font-size: 24px;\">Property Overview<\/span><br \/>\n<\/b><\/h2>\n<h2 style=\"font-size: 16px;\">\nThe Lone Star Motel, located at 205 E Broadway Street, Fritch, TX 79036, presents an exceptional hospitality investment opportunity in the Texas Panhandle. With 20 units, a storage building, and additional adjacent land, this property offers strong potential for revenue growth, repositioning, and future expansion.<br \/>\n<\/h2>\n<h2 style=\"font-size: 16px;\">\nThe property benefits from its proximity to Amarillo, one of the fastest-growing economic hubs in the Texas Panhandle, where several major industrial, energy, and technology projects are currently underway or planned. These developments are expected to bring thousands of construction workers, engineers, and long-term employees to the region, increasing demand for affordable lodging and extended-stay accommodations.<br \/>\n<\/h2>\n<h2 style=\"font-size: 16px;\"><b><br \/>\n<span style=\"font-size: 24px;\">Regional Growth &#038; New Employers<\/span><br \/>\n<\/b><\/h2>\n<h2 style=\"font-size: 16px;\">\nAmarillo is experiencing significant investment from both established employers and new technology and manufacturing projects:<br \/>\n<\/h2>\n<ul>\n<li style=\"font-size: 16px;\">\nFermi America &#8211; Project Matador AI &#038; Energy Campus: A massive 5,000+ acre development planned near Amarillo that could include up to 18 million square feet of AI data centers powered by a large energy campus. The project could generate 5,000-20,000 jobs and thousands of construction workers over multiple phases.\n<\/li>\n<li style=\"font-size: 16px;\">\nLarge-Scale Data Center Development: The broader project could eventually deliver 11 gigawatts of power capacity for artificial intelligence infrastructure, positioning Amarillo as a future hub for AI computing and high-tech infrastructure.\n<\/li>\n<li style=\"font-size: 16px;\">\nIndustrial and Food Manufacturing Expansion: Companies such as Coast Packing Company are investing in new facilities in Amarillo, including a new edible fats and oils processing plant expected to create 30-60 jobs and expand manufacturing activity in the region.\n<\/li>\n<li style=\"font-size: 16px;\">\nTechnology and Infrastructure Growth: Amarillo is attracting technology companies and data-center related operations with companies hiring for roles in cloud infrastructure, AI systems, and engineering as the region develops new digital infrastructure.\n<\/li>\n<\/ul>\n<h2 style=\"font-size: 16px;\">\nThese projects are expected to bring contractors, construction crews, technicians, and long-term workforce housing demand to the area for many years as construction and operations continue.<br \/>\n<\/h2>\n<h2 style=\"font-size: 16px;\"><b><br \/>\nKey Property Details<br \/>\n<\/b><\/h2>\n<ul>\n<li style=\"font-size: 16px;\">\nPurchase Price: $399,000\n<\/li>\n<li style=\"font-size: 16px;\">\nProperty Size: 20 units\n<\/li>\n<li style=\"font-size: 16px;\">\nLand Size: 20,909 sq. ft.\n<\/li>\n<li style=\"font-size: 16px;\">\nExpansion Opportunity: Includes 2 adjacent vacant lots for additional development\n<\/li>\n<li style=\"font-size: 16px;\">\nAdditional Improvements: Storage building located on the main parking lot\n<\/li>\n<li style=\"font-size: 16px;\">\nLocation: High-visibility site on E. Broadway Street in the heart of Fritch, TX, near Amarillo and Lake Meredith\n<\/li>\n<\/ul>\n<h2 style=\"font-size: 16px;\">\n<\/h2>\n<h2 style=\"font-size: 16px;\"><b>Investment Highlights<br \/>\n<\/b><\/h2>\n<ul>\n<li style=\"font-size: 16px;\">\nPrime Location: Located on a major thoroughfare with strong visibility and easy access for travelers and workers.\n<\/li>\n<li style=\"font-size: 16px;\">\nWorkforce Housing Potential: Ideal for lodging construction crews, contractors, and energy or technology workers involved in regional projects.\n<\/li>\n<li style=\"font-size: 16px;\">\nDiverse Use Potential: Boutique motel, short-term rentals, contractor housing, or extended-stay workforce lodging.\n<\/li>\n<li style=\"font-size: 16px;\">\nValue-Add Opportunity: Renovations, rebranding, and operational improvements could significantly increase occupancy and revenue.\n<\/li>\n<li style=\"font-size: 16px;\">\nExpansion Upside: The two additional vacant lots behind the motel offer potential for additional rooms, workforce housing units, or supporting facilities.\n<\/li>\n<li style=\"font-size: 16px;\">\nAdditional Assets: Storage building included with the property provides additional utility for operations or tenant storage.\n<\/li>\n<\/ul>\n<h2 style=\"font-size: 16px;\"><b><br \/>\n<\/b><\/h2>\n<h2 style=\"font-size: 16px;\"><b>Financial Overview<br \/>\n<\/b><\/h2>\n<ul>\n<li style=\"font-size: 16px;\">\nPotential Rental Income (Year 1): $374,400\n<\/li>\n<li style=\"font-size: 16px;\">\nProjected Net Operating Income (Year 1): $56,160\n<\/li>\n<li style=\"font-size: 16px;\">\n5-Year Projected Sales Price: $283,000\n<\/li>\n<li style=\"font-size: 16px;\">\nInternal Rate of Return (IRR): 8.9%\n<\/li>\n<li style=\"font-size: 16px;\">\nAcquisition CAP Rate: 14.08%\n<\/li>\n<li style=\"font-size: 16px;\">\nProjected 5-Year Cash Flow Before Taxes: $63,209\n<\/li>\n<\/ul>\n<h2 style=\"font-size: 16px;\">\n<\/h2>\n<h2 style=\"font-size: 16px;\"><b>Why Invest?<br \/>\n<\/b><\/h2>\n<ul>\n<li style=\"font-size: 16px;\">\nVersatile Business Model: Suitable for traditional motel operations or workforce lodging tied to construction and industrial development.\n<\/li>\n<li style=\"font-size: 16px;\">\nStrong Cash Flow Potential: Attractive projected cap rate with room for increased revenue through renovations.\n<\/li>\n<li style=\"font-size: 16px;\">\nStrategic Location: Positioned near Amarillo&#8217;s expanding technology, energy, and manufacturing sectors.\n<\/li>\n<li style=\"font-size: 16px;\">\nFuture Growth: The region&#8217;s large-scale energy and AI infrastructure projects could support lodging demand for many years.\n<\/li>\n<\/ul>\n<h2 style=\"font-size: 16px;\"><b><br \/>\n<\/b><\/h2>\n<h2 style=\"font-size: 16px;\"><b>Investment Highlights:<br \/>\n<\/b><\/h2>\n<h2 style=\"font-size: 16px;\">Ask about the two vacant lots behind the motel and the included storage facility located on the main parking lot, both of which add additional development and operational flexibility.<\/h2>\n<\/li>\n<\/ul>\n<\/ul>\n<\/ul>\n<\/ul>\n<p><\/crx-safe-html-with-abs-links><\/div>\n<\/div>\n<p><!--Features--><\/p>\n<div style=\"width: 1000px;\">\n<p><strong>PROPERTY HIGHLIGHTS:<\/strong><\/p>\n<table class=\"prop_table\" style=\"width: 1000px; ,border: 0px #fff;\">\n<tbody>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Prime Location<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Strong Market Fundamentals<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Investment &#038; Income<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Diverse Use Potential<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Businesses for Sale<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Commercial Property<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Growth Opportunities<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Hotels \/ Motels<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Property Overview The Lone Star Motel, located at 205 E Broadway Street, Fritch, TX 79036, presents an exceptional hospitality investment opportunity in the Texas Panhandle. With 20 units, a storage building, and additional adjacent land, this property offers strong potential for revenue growth, repositioning, and future expansion. The property benefits from its proximity to Amarillo, one of the fastest-growing economic hubs in the Texas &#8230;<\/p>\n","protected":false},"featured_media":532516,"comment_status":"closed","ping_status":"closed","template":"","property_category":[8687],"property_action_category":[8851],"property_city":[9554],"property_area":[9555],"property_county_state":[13],"property_features":[],"property_status":[7427],"class_list":["post-532515","estate_property","type-estate_property","status-publish","has-post-thumbnail","hentry","property_category-united-states","property_action_category-commercial","property_city-fritch","property_area-hutchinson","property_county_state-texas","property_status-active"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Motel For Sale Fritch TX Investment Property<\/title>\n<meta name=\"description\" content=\"Property Overview The Lone Star Motel, located at 205 E 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