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About This Home
This 0-bedroom, 0-bathroom commercial at 520 SE 24TH Avenue in Perryton, TX is listed for $745,000 ($20 per sqft). Built in 1970, the home offers 37,030 sqft of living space on a N/A lot.
Broken Horn Steakhouse is positioned as a full-service steakhouse and event-oriented hospitality asset in Perryton, Texas. Based on the deal inputs previously provided, the offering is underwritten on an illustrative real estate price basis of $650,000 and trailing net operating income of approximately $71,000.
On that basis, the implied real estate cap rate is approximately 10.9%, creating a compelling yield profile for investors seeking a small-market hospitality asset with in-place cash flow, owner-operator appeal, and potential upside through food and beverage optimization, events, and operating efficiencies. Business and Real Estate sold together.
Key Features
- Built in 1970
Property Details
Monthly Cost Estimate
$3,984/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
520 SE 24TH Avenue
Perryton, TX 79070-5204
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 520 SE 24TH Avenue is listed at $745,000 ($20/sqft). The estimated monthly payment is $3,228 based on 20% down at 6.5% interest.
Key features include: Built in 1970.
This property is listed by Kirk Chudej and can be reached at (806) 358-7151.
