Historical Hotel & Motel Sale Listing - Homewood Suites Longview

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Homewood Suites Longview

205 N. Spur 63 Hwy 80, Longview, TX 75601

N/A

75 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
75
Building Size:
40,000 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Investment
Cap Rate:
10.50%
No. Stories:
3
Year Built:
2000
Lot Size:
2.42 AC
Listing ID
13804114
Last Updated
over 1 year ago

Highlights

  • Priced at 3.35 times X rooms
  • Room generators close by
  • Revenue & ADR up for 2003
  • Complimentary breakfast and Mgrs. reception
  • 10.50 cap rate after mgt. fee % reserve.
  • Performing above the competitive set

Description

75 room Homewood Suites with a unique interior corridor featuring fully equipped kitchens with jacuzzi and master suites with fireplaces. Executive center with personal computer. Variety of restaurants and shopping nearby. Room generators near by.

The property is located near shopping centers, restaurants and the convention center. A recipient of the Longview Beautifucation annual award. The guest can expect peace and can socialize in spacious, well-appointed residential-style suites

Map of 205 N. Spur 63 Hwy 80, Longview, TX 75601

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