110 Bmt Dr - Hospitality FOR SALE
Jourdanton, TX 78026 |
$6,800,000 USD
210-849-2175
110 Bmt Dr
Jourdanton, TX 78026
HIGHLIGHTS
- Perfect for Owner-Operator or First-Time Buyers: Ideal for hands-on management to capitalize on revenue growth.
- Value-Add Opportunity: The hotel is poised to increase revenue with improved Rev PAR Penetration and better revenue management penetration.
- PIP Renovations: Extensive upgrades in 2023 include exterior, new vanities, mirrors, lighting, 50' smart TVs in all rooms, among other improvements
- Strategic Location: Located near the Eagle Ford Shale formation, with anticipated growth in the local workforce and population over the next 5 years.
- Franchise Support: Supported by Wyndham's franchise contacts, providing strong brand recognition and operational guidance.
OVERVIEW
Singh Commercial Group at KW Commercial is pleased to offer the opportunity to acquire La Quinta Inn & Suites situated in Jourdanton TX, right off State Highway 97 and just 40 miles to San Antonio.
Constructed in 2013, the hotel encompasses 63 rooms with guest amenities, including an outdoor pool along with a variety of amenities for guest convenience. The hotel sits on 1.59 acres and has ample parking for guests, visitors, and staff. 100% of the LQUP exterior is complete. This is the #1 La Quinta in this region!
DISTANCE TO JOURDANTON, TX
San Antonio - 45 mins
Houston - 3 hrs
Austin - 2.5 hrs
FOR SALE DETAILS
PRICE
$6,800,000 USD
PRICE/SF
$197 USD /SF
# OF ROOMS
63
PRICE/ROOM
$107,937 {currency}
CAP RATE
Request Cap Rate
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
La Quinta Inn & Suites by Wyndham Jourdanton
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2013
PARKING SPACES
73
LAND DETAILS
LAND ACRES
1.59 AC
LAND SF
69,260 SF
ZONING
C
APN/PARCEL ID
R182936
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210-849-2175
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210-849-2175
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