2209 Highway 290 E - Hospitality FOR SALE


Brenham, TX 77833
$4,600,000 USD
713-955-0012
2209 Highway 290 E, Brenham, TX for Sale
$4,600,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

2209 Highway 290 E
Brenham, TX 77833


HIGHLIGHTS

  • Ideal opportunity for an experienced owner operator to acquire a 51-key, strong cash-flow hotel, less than an hour away from Houston MSA.
  • The property contains a one-bedroom/one-bathroom manager’s living quarters.
  • Over the last three years, stable revenue average of $ 1,000,000 (rounded).
  • The hotel opened in 2011, and ownership has maintained the property exceptionally well, with a minimal change- of-ownership PIP expected.?
  • Brenham offers prime investment potential with its strategic location near Houston, Austin and College Station.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=152462 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 51-key Super 8 by Wyndham Brenham, Texas, a limited-service hotel asset in Brenham, Texas. The 2011-built property has been maintained exceptionally well. A new owner/operator will benefit from the growing local market and the hotel’s stable historical revenues and strong net operating income (NOI) flow-through.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$187 USD /SF

# OF ROOMS

51

PRICE/ROOM

$90,196 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Brenham

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2011

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

C

APN/PARCEL ID

0077-000-18200

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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