108 N Interstate 35 | San Marcos, TX 78666
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- LoopNet Team
108 N Interstate 35
San Marcos, TX 78666
Wingate by Wyndham San Marcos · Hospitality Property For Sale
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37,759 SF
INVESTMENT HIGHLIGHTS
- Three-Story, 105-Room, Midscale Hotel Converted from Holiday Inn Express to Wingate in 2013
- Well Positioned with Visibility from Interstate 35
- Exceptional Hotel Operations Recording Over $2.23 Million in Revenues and a Net Operating Income of over 33.6 Percent of Gross Revenues
- Austin MSA Location, Within the Fastest Growing County in the Country
- Currently Absentee Owned – Providing Upside for Hands-On-Owner-Operator
- Upward Year-Over-Year RevPAR Trend Due to Increasing Room Demand and Diminishing Room Supply
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2015 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.01 AC | Parking Ratio | 2.7/1,000 SF |
| Building Size | 37,759 SF | Corridor | Interior |
| Zoning | CM | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.01 AC |
| Building Size | 37,759 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2015 |
| Tenancy | Single |
| Parking Ratio | 2.7/1,000 SF |
| Corridor | Interior |
| Zoning | CM |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 108 N INTERSTATE 35 , SAN MARCOS, TX 78666
The Wingate San Marcos is a midscale Hotel built in 1997 and converted from the Holiday Inn Express brand to Wingate by Wyndham in 2013. The Hotel features 105 spacious guest rooms and several amenities such as a business center, fitness center, outdoor pool, and 1,125 square feet of meeting space.
PROPERTY TAXES
| Parcel Number | R99855 | Improvements Assessment | $3,952,180 |
| Land Assessment | $817,160 | Total Assessment | $4,769,340 |
PROPERTY TAXES
Parcel Number
R99855
Land Assessment
$817,160
Improvements Assessment
$3,952,180
Total Assessment
$4,769,340
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