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Best Western Plus Bay City Inn & Suites 501 7th St

63 Room Hotel Bay City, TX 77414 For Sale

Investment Highlights

  • Outdoor pool, fitness center, meeting room, business center, Complimentary full breakfast
  • EV Charging Station

Executive Summary

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Property Facts Under Contract

Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.65 AC
Building Size 25,593 SF
No. Rooms 63
No. Stories 3
Year Built 2017
Corridor Interior

Amenities

  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space

About 501 7th St , Bay City, TX 77414

Investment Highlights * 3 Story, 63 rooms including 14 Suites, Well maintained Limited Service Hotel * Built in 2018 - Zero to minimal PIP * Priced well Below replacement costs $65K per key *Situated near a variety of demand generators including Nuclear power plant, Chemical plant and manufacturer of pipes and related services for the world's energy industry * Absentee Owner Local Operators can Increase Revenue Through Hands-On Sales & Management Strategies * Amenities include outdoor pool, fitness center, meeting room, business center, Complimentary full breakfast

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 19 $199.00 -
Guest Room 44 $169.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15133
Land Assessment
$204,040
Improvements Assessment
$1,862,760
Total Assessment
$2,066,800

zoning

Zoning Code None
None
  • Listing ID: 27036395

  • Date on Market: 11/3/2022

  • Last Updated:

  • Address: 501 7th St, Bay City, TX 77414

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