46300 Interstate 10 - Hospitality FOR SALE


Winnie, TX 77665
$6,800,000 USD
713-855-0588
46300 Interstate 10, Winnie, TX for Sale
$6,800,000 USD
Hospitality - FOR SALE
1/81
null | Request Cap Rate

46300 Interstate 10
Winnie, TX 77665


HIGHLIGHTS

  • No PIP Needed
  • Franchise Agreement for next 15 Years
  • Great Access
  • 66 Guest Rooms: Including a manager's apartment for on-site convenience.

OVERVIEW

Exceptional Investment Opportunity: Renovated Hotel Off Interstate 10.Positioned for success, this hotel boasts a prime location directly off Interstate 10, offering unparalleled visibility and a consistent flow of travelers. Generating $1.6 million in revenue in 2024, this property presents a lucrative opportunity for investors seeking a solid flagship asset in the hospitality sector. Originally built in 2010, the property underwent extensive renovations in 2024, with over $2.2 million in upgrades, ensuring a turnkey, modern facility that meets the demands of today’s travelers. This hotel is a compelling opportunity for savvy investors ready to capitalize on a thriving market and secure a high-performing asset. Key Property Highlights: ?? 66 Guest Rooms: Including a manager's apartment for on-site convenience. ?? Amenities: Fully equipped gym, swimming pool, and meeting room. ?? Modern Design: Features Formula Blue 2.0, IHG's latest streamlined guest experience standard. ?? Franchise Agreement: Locked in for 15 years with no PIP required. ?? Revenue Generator: $1.6M gross revenue in 2024. This property is perfect for investors looking to expand their portfolio in the hospitality industry with a reliable and profitable asset. Don’t miss your chance to own this exceptional hotel in Winnie, Texas!

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$169 USD /SF

# OF ROOMS

66

PRICE/ROOM

$103,030 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Winnie

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,675 SF

ZONING

NEC

APN/PARCEL ID

46804

ASK ABOUT THIS PROPERTY

Kate MyhanJPAR The Sears GroupMore Info
713-855-0588

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

Kate MyhanJPAR The Sears GroupMore Info
713-855-0588

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