18018 State Highway 36 S - Hospitality FOR SALE


Somerville, TX 77879
$3,500,000 USD
832-541-7545
18018 State Highway 36 S, Somerville, TX for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

18018 State Highway 36 S
Somerville, TX 77879


HIGHLIGHTS

  • Exciting News! Discover 11 RV Hookup Sites at Americas Best Value Inn in Somerville.
  • 2001 Built.
  • Recently Renovated with Minimal PIP to New Buyer.
  • Prime Location.
  • Minimal Competition.
  • 22 Rooms recently remodeled and new carpet in all 50 Rooms.

OVERVIEW

The 50-key count is considered an ideal size for an experienced owner/operator. With a stay at Americas Best Value Inn Somerville in Somerville, you'll be 1.8 mi from Somerville Lake and 16.2 mi from Blue Bell Creameries. This hotel is 22.6 mi from Texas A&M University - College Station and 25.3 mi from Reed Arena. The seller has recently completed all exterior painting as per Americas Best Value Inn & Suites requirements and all guest rooms have been recently paint.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$72 USD /SF

# OF ROOMS

50

PRICE/ROOM

$70,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Somerville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2000

PARKING SPACES

58

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

CM

APN/PARCEL ID

36841

ASK ABOUT THIS PROPERTY

Rickey ChavezBHGRE Gary GreeneMore Info
832-541-7545

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Rickey ChavezBHGRE Gary GreeneMore Info
832-541-7545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.