46318 Interstate 10 | Winnie, TX 77665
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This Hospitality Property is no longer advertised on LoopNet.com.
46318 Interstate 10
Winnie, TX 77665
Motel 6 Winnie · Hospitality Property For Sale · 30,024 SF
Investment Highlights
- A 70.0% LTV financing ratio at a 6.0% interest rate, 20-year amortization, and two-year term is available to a qualified buyer.
- The hotel’s average rooms revenue has been in excess of $638,000 (rounded) for the last three years.
- Ownership has maintained the physical asset well; thus, a minimal change-of-ownership PIP is expected.
- The hotel is on track to achieve $600,000 (rounded) in rooms revenue this year.
- The property contains a 2-bed/2-bath apartment with a fully equipped kitchen/living room that has a direct connection to the front desk.
- The property benefits from very strong visibility and accessibility off the frontage road along Interstate 10.
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1983/2018 |
Building Class | C | Parking Ratio | 1.4/1,000 SF |
Lot Size | 3.23 AC | Corridor | Exterior |
Building Size | 30,024 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 3.23 AC |
Building Size | 30,024 SF |
No. Stories | 2 |
Year Built/Renovated | 1983/2018 |
Parking Ratio | 1.4/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Links
PROPERTY TAXES
Parcel Number | 47484-66500-00000-000100 | Improvements Assessment | $1,812,820 |
Land Assessment | $37,180 | Total Assessment | $1,850,000 |
PROPERTY TAXES
Parcel Number
47484-66500-00000-000100
Land Assessment
$37,180
Improvements Assessment
$1,812,820
Total Assessment
$1,850,000
zoning
Zoning Code | F1 |
F1 |
Learn More About Investing in Hospitality Properties
Listing ID: 27087971
Date on Market: 11/10/2022
Last Updated:
Address: 46318 Interstate 10, Winnie, TX 77665
The Hospitality Property at 46318 Interstate 10, Winnie, TX 77665 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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