7010 Bob Bullock Loop | Laredo, TX 78041
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7010 Bob Bullock Loop
Laredo, TX 78041
Staybridge Suites Laredo International · Hospitality Property For Sale · 71,542 SF
Investment Highlights
- Fee simple interest in this institutionally owned and third-party managed offered at a substantial discount to replacement cost.
- This property is part of a larger seven asset Texas and Louisiana portfolio, allowing buyers to acquire multiple strong assets.
- Property continues to grossly outperform national occupancy, with the asset running approximately +90% occupancy over the trailing 12 months.
- Ability for qualified buyers to retain the Staybridge Suites flag with a new long-term 15-year license upon completing minor deficiency items.
- Seller completed $2.2 million in recent renovations presenting strong operational upside for prospective buyers.
- Near all local and regional demand, including Laredo International Airport, Sames Auto Arena, San Agustin de Laredo Historic District, and much more.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 2005/2018 |
| Building Class | B | Parking Ratio | 1.75/1,000 SF |
| Lot Size | 2.65 AC | Corridor | Interior |
| Building Size | 71,542 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.65 AC |
| Building Size | 71,542 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2018 |
| Parking Ratio | 1.75/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 305925 | Improvements Assessment | $8,595,302 |
| Land Assessment | $2,058,188 | Total Assessment | $10,653,490 |
PROPERTY TAXES
Parcel Number
305925
Land Assessment
$2,058,188
Improvements Assessment
$8,595,302
Total Assessment
$10,653,490
zoning
| Zoning Code | B-4 (Highway Commercial District) |
| B-4 (Highway Commercial District) |
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