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Executive Inn
3556 East Austin Street, Giddings, TX 78942
N/A
60
24,000 SF
Hotel & Motel
Economy/ Limited Service
Investment
3%
12%
$2,376
42%
58,762 SF
-
Last Verified 7/30/2009
Listing ID 16294886
Highlights
Upside with increasing traffic along Hwy 290
Midway between Austin, Houston, and College Station
On Site Living Quarters
1.34 Acre land
Lobby with separate breakfast area
Swimming pool, hot tub
Description
This offering presents investors the opportunity to own a high quality hotel, complete with 60 guest rooms, 22 with king beds and 38 with double beds. The hotel is of high quality wood frame and brick construction, with excellent curb appeal. Interior amenities of each room include a work area with dual jack phones and wireless internet, and 40 of the 60 guest rooms also come with refrigerators and microwaves. This hotel features an attractive lobby and a separate breakfast area. The property is set up for a very bright future. The traffic along State Highway 290 has been increasing and provides direct access to the property. This provides the new owner a chance to increase business from the greater volume of highway traffic previously unavailable. Buid in 1982.
The Executive Inn is located along the south side of East Austin Street (also known as US Highway 290), west of County Road 226. The nearest city with a population greater than 50,000 is Bryan with a population of 65,600, located 51.3 miles northeast of Giddings. Austin is located 56.5 miles to the west, with a metropolitan population of 1.4 million. Houston, with a regional population of 5 million, is located 110 miles southeast.
Map of 3556 East Austin Street, Giddings, TX 78942 (Lee County)
Created 6/25/2009
Additional Information for 3556 E Austin Street, Giddings, TX 78942
- Active For Sale - 0 Listing
- Active For Lease - 0 Listing
- Previously Listed - 3 Historic Listings
- Sales Comparables Available - 0 RecentSales Record
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.