111 Martinez St | Junction, TX 76849
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111 Martinez St
Junction, TX 76849
Econo Lodge Junction · Hospitality Property For Sale
·
57,015 SF
INVESTMENT HIGHLIGHTS
- Lender Directed Short Sale
- Expected to Trade Well Below Replacement Cost
- Centrally Located Between Austin, San Antonio, and San Angelo
- Offer Due Date: January 12th, 2024
- Easily Accessible from Interstate 10 and 2 Miles from U.S. Highway 377
- TTM July 2023 RPI of 32 Percent and Four-Year RPI Average of 48 Percent Presents Value-Add Opportunity
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2011 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 5.65 AC | Corridor | Exterior |
| Building Size | 57,015 SF | ||
| Zoning | C - Hospitality | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.65 AC |
| Building Size | 57,015 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1990/2011 |
| Parking Ratio | 1.3/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Hospitality |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 13721 | Improvements Assessment | $178,590 |
| Land Assessment | $303,930 | Total Assessment | $482,520 |
PROPERTY TAXES
Parcel Number
13721
Land Assessment
$303,930
Improvements Assessment
$178,590
Total Assessment
$482,520
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