HOLIDAY INN EXPRESS & SUITES | 126 Middle Buster
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HOLIDAY INN EXPRESS & SUITES 126 Middle Buster
62 Room Hotel Gonzales, TX 78629 $6,450,000 ($104,032/Room)
Investment Highlights
- Located in Gonzales, a growing hub in Texas known for its rich history and proximity to major cities like San Antonio and Austin.
- Potential for additional revenue through partnerships with local businesses for corporate events and group bookings.
- Updated guest rooms and common areas, contributing to improved occupancy rates and higher average daily rates (ADR).
- Near to key attractions, including historical sites, parks, and local businesses, driving both leisure and corporate travel.
- Newly renovated facilities in 2022 featuring modern amenities, enhancing guest experience and attracting more clientele.
- Part of the IHG family, known for its commitment to quality and service.
Executive Summary
Broker of Record
Kyle Matthews
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Kyle Matthews
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Price | $6,450,000 | Building Size | 37,712 SF |
Price Per Room | $104,032 | No. Rooms | 62 |
Sale Type | Investment | No. Stories | 3 |
Property Type | Hospitality | Year Built/Renovated | 2012/2020 |
Property Subtype | Hotel | Parking Ratio | 1.48/1,000 SF |
Building Class | B | Corridor | Interior |
Lot Size | 2.54 AC |
Price | $6,450,000 |
Price Per Room | $104,032 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.54 AC |
Building Size | 37,712 SF |
No. Rooms | 62 |
No. Stories | 3 |
Year Built/Renovated | 2012/2020 |
Parking Ratio | 1.48/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 16 | $149.00 | - |
Guest Room | 46 | $139.00 | - |
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PROPERTY TAXES
Parcel Number | 23860 | Improvements Assessment | $3,151,610 |
Land Assessment | $165,940 | Total Assessment | $3,317,550 |
PROPERTY TAXES
Parcel Number
23860
Land Assessment
$165,940
Improvements Assessment
$3,151,610
Total Assessment
$3,317,550
zoning
Zoning Code | Real commercial |
Real commercial |
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HOLIDAY INN EXPRESS & SUITES | 126 Middle Buster
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