100 N Main Street

Description

Falcon Motel is a Vintage Travel Motel Investment Opportunity-The property has historically served short-term workers& transient travelers. Buyer may elect to continue this model or reposition for longer-term workforce housing, which is common Panhandle markets.Rare opportunity to acquire a classic 1960 roadside travel motel with existing income, recent improvements, and onsite management housing. The property offers a straightforward operational model ideal for an owner-operator or hospitality investor seeking a manageable lodging asset with upside potential. Total Guest Rooms: 12 - Manager Apartment: 3 Bedroom, 1 Bath -- Roof: Replaced within the last 10 yearsThe Falcon Motel blends classic roadside charm with functional operational infrastructure. The property includes guest amenities and onsite management housing that support efficient day-to-day operations. Each guest room includes individual window AC units, allowing efficient temperature control and simplified maintenance.Laundry room with 2 Speed Queen washer&dryer (recently replaced); Game room with pool table and chalk wall;Guest Common Room with community freezer, kitchenette, washer&dryer, table and chairs;Outdoor grill area with two grills and covered tent space;Designated office & reception;Maintenance-Tool room;3 hot water heaters (recently replaced);Lit sign for nighttime visibility. Manager Apartment-Addt Revenue can serve as onsite manager housing, owner-operator residence, or additional rental income &nincludes recently renovated 3-bedroom 1-bath apartment with private fenced backyard Recent Improvements (11-2025=1-2026) include Electrical panel replaced-updated; Smoke & carbon monoxide detectors installed in all units & manager apt; Manager apt renovations including flooring, fresh paint & lighting fixtures; iPad with Square POS system for guest check-in & payment; Office printer purchased; Blink security camera system & office doorbell; Electrical improvements to motel sign