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La Quinta Inn & Suites by Wyndham Jourdanton 110 Bmt Dr 63 Room Hotel Jourdanton, TX 78026 $5,700,000 ($90,476/Room) 11.81% Cap Rate
INVESTMENT HIGHLIGHTS
- Perfect for Owner-Operator or First-Time Buyers: Ideal for hands-on management to capitalize on revenue growth.
- PIP Renovations: Extensive upgrades in 2023 include exterior, new vanities, mirrors, lighting, 50' smart TVs in all rooms, among other improvements
- Franchise Support: Supported by Wyndham's franchise contacts, providing strong brand recognition and operational guidance.
- Value-Add Opportunity: The hotel is poised to increase revenue with improved Rev PAR Penetration and better revenue management penetration.
- Strategic Location: Located near the Eagle Ford Shale formation, with anticipated growth in the local workforce and population over the next 5 years.
EXECUTIVE SUMMARY
Singh Commercial Group at KW Commercial is pleased to offer the opportunity to acquire La Quinta Inn & Suites situated in Jourdanton TX, right off State Highway 97 and just 40 miles to San Antonio.
Constructed in 2013, the hotel encompasses 63 rooms with guest amenities, including an outdoor pool along with a variety of amenities for guest convenience. The hotel sits on 1.59 acres and has ample parking for guests, visitors, and staff. 100% of the LQUP exterior is complete. This is the #1 La Quinta in this region!
DISTANCE TO JOURDANTON, TX
San Antonio - 45 mins
Houston - 3 hrs
Austin - 2.5 hrs
Note: No Direct Contact with Hotel Staff. All property tours are by appointment only. Do not visit or call the hotel directly. Contacting hotel staff without prior approval from your agent is strictly prohibited.
Constructed in 2013, the hotel encompasses 63 rooms with guest amenities, including an outdoor pool along with a variety of amenities for guest convenience. The hotel sits on 1.59 acres and has ample parking for guests, visitors, and staff. 100% of the LQUP exterior is complete. This is the #1 La Quinta in this region!
DISTANCE TO JOURDANTON, TX
San Antonio - 45 mins
Houston - 3 hrs
Austin - 2.5 hrs
Note: No Direct Contact with Hotel Staff. All property tours are by appointment only. Do not visit or call the hotel directly. Contacting hotel staff without prior approval from your agent is strictly prohibited.
PROPERTY FACTS
| Price | $5,700,000 | Building Size | 34,545 SF |
| Price Per Room | $90,476 | No. Rooms | 63 |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 11.81% | Year Built/Renovated | 2013/2023 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.89/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.59 AC | ||
| Zoning | C - Commercial | ||
| Price | $5,700,000 |
| Price Per Room | $90,476 |
| Sale Type | Investment |
| Cap Rate | 11.81% |
| 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/Renovated | 2013/2023 |
| Tenancy | Single |
| 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 | - |
1 1
PROPERTY TAXES
| Parcel Number | R182936 | Improvements Assessment | $2,819,180 |
| Land Assessment | $149,600 | Total Assessment | $2,968,780 |
PROPERTY TAXES
Parcel Number
R182936
Land Assessment
$149,600
Improvements Assessment
$2,819,180
Total Assessment
$2,968,780
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La Quinta Inn & Suites by Wyndham Jourdanton | 110 Bmt Dr
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