3901 Houston Hwy - Hospitality FOR SALE


Victoria, TX 77901
$2,800,000 USD
281-236-7597
3901 Houston Hwy, Victoria, TX for Sale
$2,800,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

3901 Houston Hwy
Victoria, TX 77901


HIGHLIGHTS

  • Property is located on a High traffic main road , Close to university area rooms can be rented to students on a long term basis.

OVERVIEW

The property is in great condition , excellent banquet hall . Banquet hall can be used weekend buffet . Total Rooms 126./ 21 Rooms down due to minor problems . Absentee owner he has other businesses in Houston. # years ago Manager retired dur to health reason since then there has been a Management problem . There two parts of the property. An experience manager can do miracle with this property . one part of the Property can be turned into long term rental to university students , which is very much needed in the area. Property is located on a main road very visible to high traffic. As soon as the travelers enter in to Victoria this is the first hotel.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$57 USD /SF

# OF ROOMS

72

PRICE/ROOM

$38,889 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn & Suites Victoria

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.46 AC

LAND SF

237,838 SF

ZONING

F1

APN/PARCEL ID

62355

ASK ABOUT THIS PROPERTY

Tasleejm SiddiqiMarathon Real Estate & InvestmentMore Info
281-236-7597

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Tasleejm SiddiqiMarathon Real Estate & InvestmentMore Info
281-236-7597

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