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2180 Highway 59 E
Beeville, TX 78102

Studio 6 Beeville, TX · Hospitality Property For Sale · 87,120 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.00 AC
Building Size 87,120 SF
No. Stories 2
Year Built 2012
Parking Ratio 0.81/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

About 2180 Highway 59 E , Beeville, TX 78102

Studio 6 Beeville is a 43-unit, exterior corridor, extended stay hotel. The hotel was constructed in 2013 and is a two story property located in Beeville, Texas just off Interstate 181. Hotel amenities include a guest laundry facility and common area wireless internet. The rooms come with high-speed wireless Internet access, flat screen/ plasma TV, coffee maker, mini fridge, microwave oven, a two stove range, cabinetry, telephone and an iron/ ironing board. Property information must be requested from the listing agent. PLEASE DO NOT DIRECTLY CONTACT THE HOTEL, MANAGEMENT, OR STAFF. Studio 6 Beeville is offered significantly below replacement cost at $23,140 per key or $995,000. The property is absentee owned but extremely well maintained and expected to have zero to minimal property improvement plan from Accor Hotels. According to the July 2016 Monthly STAR Report, the hotel is significantly under performing its competitive sets RevPAR. The Studio 6 Beeville represents an opportunity for a hotelier to purchase a property below replacement cost in a market with significant upside when the Eagle Ford Shale Energy market recovers. The three bedroom, two bath managers apartment behind the front desk and adjacent to the laundry facility make this investment ideal for an owner operator.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 102701
  • 20320
Land Assessment
$30,000
Improvements Assessment
$1,270,000
Total Assessment
$1,303,670

zoning

Zoning Code B2 (Secondary & Highway Business District)
B2 (Secondary & Highway Business District)
  • Listing ID: 9908878

  • Date on Market: 11/8/2017

  • Last Updated:

  • Address: 2180 Highway 59 E, Beeville, TX 78102

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