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Off Market
1/17

1707 W Comal St
Pearsall, TX 78061


HIGHLIGHTS

  • Two-Story, 40-Room, Exterior-Corridor Hotel with Owner’s Living Quarters
  • Priced Below Replacement Cost at $32,250 Per Key
  • Located within the Eagle Ford Shale
  • Retains Oil and Gas Hospitality Contracts through February 2022 with Potential Extensions
  • 45 Percent Growth in Revenues Through September 2021 Compared to Year-End 2020
  • Upside Potential for New Management to Increase Net Operating Income and Overall Value

OVERVIEW

Property Overview: The Pearsall Inn and Suites is a 40-room, independent hotel that was built in 2012. Each room features a sofa, desk with ergonomic chair, ?at-screen television, microwave, and refrigerator. The common amenities include an outdoor pool, patio, grill area, breakfast area, and lobby. Location Overview: Pearsall, Texas is located about one hour southwest of San Antonio, seated in Frio County. The Pearsall Inn & Suites is located on 1707 West Comal Street and has direct access to Interstate 35, one of the major thoroughfares in the country. The region’s economic development department fosters expansion and retention of existing businesses and has adopted a Downtown Area Action Plan with a four-point approach including design, economic restructuring, organization, and promotion. The Frio Regional Hospital (0.6 miles), partnered with Methodist Healthcare San Antonio and provides services for outpatient surgery, emergency care, a birthing center, and several other patient care options. The Longhorn Athletic Field (0.7 miles) is an additional market driver in the region and hosts events year-round.

FOR SALE DETAILS

PRICE

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# OF ROOMS

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CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Pearsall Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

60141

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2012

PARKING SPACES

60

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

00168-00001-00100-000000