25941 I-10 - Hospitality FOR SALE


Hankamer, TX 77560
$2,750,000 USD
713-452-4200
25941 I-10, Hankamer, TX for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

25941 I-10
Hankamer, TX 77560


HIGHLIGHTS

  • Two-Story, 44-Room, Scottish Inn & Suites-Branded Hotel with On-Site Owner's Quarters
  • Recently Renovated in 2023 - Property Includes All New Water Heaters and PTAC Units
  • Highly Visible and Easily Accessible off TX61 – Parallel to Interstate 10
  • Approximately 50 Miles East of Houston
  • Nearby Demand Generators Include White's Park Arena and Barn, Chambers County Community Center, Magnolia Grove Wedding Venue, The Chambers County Golf
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

OVERVIEW

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Scottish Inn & Suites (‘Hotel’ or ‘Property’) located in Hankamer, Texas. The Scottish Inn & Suites-branded Hotel is being offered at $2,750,000 or $62,500 per key. The Scottish Inn & Suites is a 44-room, two-story Hotel located at 25941 I-10, Hankamer, Texas. The Property is highly visible and easily accessible off TX-61, which is parallel to I-10. Various common area amenities at the Property include an on-site guest laundry, barbecue grills, vending machines, and ample parking for cars, trucks and recreational vehicles. The hotel is also equipped with two-bedroom, two-bathroom on-site owners’ quarters. Recently renovated in 2023. The property also features two new pressure regulators and circulation pumps, all new water heaters and all new PTAC units. Hankamer, a small unincorporated community in Chambers County, Texas, is situated near the junction of State Highway 61 and Farm to Market Road 1663, approximately 50 miles east of Houston. Despite its quiet, rural setting, Hankamer offers convenient access to urban amenities. Named after the early settler Hankamer family, the community has deep historical roots and a close-knit atmosphere that can attract visitors seeking a peaceful retreat. The local economy, based on agriculture, ranching, and oil production, combined with the commuting workforce, provides a steady flow of potential guests. Hankamer benefits from the area's natural attractions, such as the Trinity River and the Trinity River National Wildlife Refuge, which offer outdoor activities like bird watching and fishing. With educational services provided by the community-focused Anahuac Independent School District, Hankamer embodies traditional Texan values of hospitality, family, and community involvement, further enhancing its appeal as a welcoming destination for travelers. Located within proximity of nearby attractions, the area surrounding the Scottish Inn & Suites caters to diverse interests. White’s Park Arena and Barn (.5 miles) beckon with their vibrant events, while the Chambers County Community Center (.5 miles) stands as a focal point for local gatherings. Experience the tranquil ambiance of Magnolia Grove Wedding Venue (1.0 mile) where couples can bask in a picturesque setting for their special day. Scottish Inn & Suites is within proximity as an accommodation option for wedding venue guests, ensuring a seamless and memorable event. Golf enthusiasts can tee off at the Chambers County Golf Course (1.7 miles) amidst scenic greens. Travelers can find respite at the Chambers County Safety Rest Area Westbound (2.3 miles) ensuring a comfortable journey. Nature lovers can immerse themselves in the tranquility of Turtle Bayou Nature Preserve. For a taste of rural charm, Derryberry Farms (5.2 miles) offer authentic farm experiences. Lastly, Bayside Community Hospital (8.6 miles) stands ready to address any medical needs, ensuring peace of mind for guests. With such an array of attractions nearby, the hotel provides an enriching experience for all patrons.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$149 USD /SF

# OF ROOMS

44

PRICE/ROOM

$62,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scottish Inns Hankamer TX

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2004

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

F1

APN/PARCEL ID

44750-00300-00000-000400

ASK ABOUT THIS PROPERTY

Rajan PatelMarcus & MillichapMore Info
713-452-4200

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Rajan PatelMarcus & MillichapMore Info
713-452-4200

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