2467 S Highway 181 | Karnes City, TX 78118
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2467 S Highway 181
Karnes City, TX 78118
Instalodge Hotel & Suites Karnes City · Hospitality Property For Sale
·
70,057 SF
INVESTMENT HIGHLIGHTS
- 124-Room, Extended-Stay, Independent Hotel Constructed in 2014 with Full Kitchen in Each Room
- Price Well-Below Replacement Cost at $23,790 Per Key
- Located Less Than 56 Miles from Downtown San Antonio
- Offered at 2.7 Room Revenue Multiplier (RRM)
- Situated on 9.98 Acres of Land - Possibility for Expansion or Additional Development
- Positioned Less than Two Miles from Downtown Karnes City and Less than a Mile from Otto Kaiser Memorial Hospital
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 2014 |
| Building Class | C | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 9.98 AC | Corridor | Exterior |
| Building Size | 70,057 SF | ||
| Zoning | (Commercial) | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 9.98 AC |
| Building Size | 70,057 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Parking Ratio | 2.51/1,000 SF |
| Corridor | Exterior |
| Zoning | (Commercial) |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 102-2215 | Improvements Assessment | $2,248,928 |
| Land Assessment | $249,625 | Total Assessment | $2,498,553 |
PROPERTY TAXES
Parcel Number
102-2215
Land Assessment
$249,625
Improvements Assessment
$2,248,928
Total Assessment
$2,498,553
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