10700 Emmett F Lowry Expy - Hospitality FOR SALE
Texas City, TX 77591 |
$3,500,000 USD
713-591-0729
10700 Emmett F Lowry Expy
Texas City, TX 77591
HIGHLIGHTS
- Three-story, Choice Hotels International, Limited-service Hotel. Located on Interstate 45
- This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost at $56,452 per key.
- The property is approximately 35 miles from Downtown Houston and Approximately 15 miles from Galveston Seawall, where beaches are located.
- The Surrounding Hotels are doing $1 million if not more, so a lot of upside for a New Owner.
- Unfortunately owner finance will not be available.
- Hotel is being sold way below replacement cost at $56,452 a key, lowest in Houston & Surrounding areas.
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$117 USD /SF
# OF ROOMS
62
PRICE/ROOM
$56,452 {currency}
CAP RATE
Request Cap Rate
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Comfort Inn & Suites Texas City
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1996
PARKING SPACES
55
LAND DETAILS
LAND ACRES
1.26 AC
LAND SF
54,886 SF
ZONING
E
APN/PARCEL ID
4928-0000-0009-001
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713-591-0729
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713-591-0729
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