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
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

PROPERTY TAXES

zoning

Zoning Code F1
  • Listing ID: 27087971

  • Date on Market: 11/10/2022

  • Last Updated:

  • Address: 46318 Interstate 10, Winnie, TX 77665