This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.com.

6303 Broadway St
Galveston, TX 77551

SpringHill Suites by Marriott Galveston · Hospitality Property For Sale · 51,816 SF

INVESTMENT HIGHLIGHTS

  • The 74-key count is highly attractive for an owner-operator looking to acquire its first Marriott-branded asset within one of the top five U.S. areas.
  • Rooms revenue reached $1,835,000 (rounded) in 2021, reflecting a 56.7% increase compared to 2020.
  • Leisure demand generators in the area include Port of Galveston Cruise Terminal, Moody Gardens, Schlitterbahn Water Park & Resort.
  • This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost.
  • The hotel is on pace to achieve rooms revenue around $2,100,000 (rounded) this year.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.30 AC
Building Size 51,816 SF
No. Stories 4
Year Built 2008
Parking Ratio 1.04/1,000 SF
Corridor Interior

AMENITIES

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen
  • Digital key

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6707-0000-0001-000
Land Assessment
$168,620
Improvements Assessment
$3,449,480
Total Assessment
$3,618,100

ZONING

Zoning Code CC
CC
  • Listing ID: 25929514

  • Date on Market: 6/14/2022

  • Last Updated:

  • Address: 6303 Broadway St, Galveston, TX 77551

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}