738 S East Ave | Kermit, TX 79745
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- LoopNet Team
738 S East Ave
Kermit, TX 79745
Southern Inn & Suites Kermit · Hospitality Property For Sale · 19,414 SF
INVESTMENT HIGHLIGHTS
- Priced Below Replacement Cost at $52,381 Per Key
- Ability for Hands-On-Owner-Operator to decrease Expenses & Increase Net Operating Income
- Strong Historical Room Revenues
- 42-Room, Exterior Corridor, Limited-Service Hotel Built in 2014
- Located within the Central Basin Platform at the Center of the Permian Basin
- On site 2-bedroom / 2-bathroom owner’s apartment (would reduce room count to 41)
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 2014 |
| Building Class | C | Parking Ratio | 0.52/1,000 SF |
| Lot Size | 8.27 AC | Corridor | Exterior |
| Building Size | 19,414 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 8.27 AC |
| Building Size | 19,414 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Parking Ratio | 0.52/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
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