501 NE Georgia Ave - Hospitality FOR SALE
Sweetwater, TX 79556 |
$4,000,000 USD
214-432-4719
501 NE Georgia Ave
Sweetwater, TX 79556
HIGHLIGHTS
- ENERGY INDUSTRY DEMAND: Located approximately 168 mi from the property, the Permian Basin produces over 6.3 million barrels of oil per day as of 2024.
- STRATEGIC LOCATION: Studio 6 is conveniently located off I-20 seeing more than 25,100 VPD, offering excellent visibility.
- EVENT-DRIVEN TOURISM: Sweetwater is home to the World’s Largest Rattlesnake Roundup, which draws thousands of visitors each year.
- EXTENDED-STAY ADVANTAGE: The property offers extended-stay accommodations featuring kitchenettes and guest-focused amenities.
- RENEWABLE ENERGY LEADERSHIP: In the Wind Energy Capital of Texas, the entire region of Nolan County is home to the largest wind farms in the U.S.
FOR SALE DETAILS
PRICE
$4,000,000 USD
PRICE/SF
$34 USD /SF
# OF ROOMS
65
PRICE/ROOM
$61,538 {currency}
CAP RATE
9.69%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Studio 6 Sweetwater, TX
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2015
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.38 AC
LAND SF
103,673 SF
ZONING
-
APN/PARCEL ID
N0279-0001-20
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214-432-4719
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214-432-4719
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