This Hospitality Property is no longer advertised on LoopNet.com.

110 Bmt Dr
Jourdanton, TX 78026
La Quinta Inn & Suites by Wyndham · Hospitality Property For Sale · 63 Rooms

Investment Highlights

  • The sale represents a tremendous turn-around/repositioning opportunity for an experienced owner to buy the hotel at below replacement cost
  • Subject property has already generated $1,320,000+ revenue year to date as of December 20, 2022
  • Upside through hands on operations and completion of the new ownership PIP
  • Perfect for Owner - Operator or First Time Buyer!
  • The Hotel can grow revenue through stronger RevPAR penetration and better revenue management practices
  • Investment Opportunity to Capitalize on the Economic Demand Generated from Increased Oil &Gas Production in the region

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.59 AC
Building Size 34,545 SF
No. Rooms 63
No. Stories 3
Year Built 2013
Parking Ratio 2.89/1,000 SF
Corridor Interior
Zoning C - Commercial

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 16 $140.00 -
Guest Room 47 $125.00 -

Property Taxes

Property Taxes

Parcel Number
R182936
Land Assessment
$149,600
Improvements Assessment
$2,819,180
Total Assessment
$2,968,780
  • Listing ID: 22861587

  • Date on Market: 4/28/2021

  • Last Updated:

  • Address: 110 Bmt Dr, Jourdanton, TX 78026

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