Swiss Lodge 1206 Main St 15 Room Hotel Blanco, TX 78606 $1,649,000 ($109,933/Room)



INVESTMENT HIGHLIGHTS
- This 1.6 +/- acre property, spanning the entire block!
- less than an hour from both Austin and San Antonio.
- 270 feet of prime Highway 281 frontage
EXECUTIVE SUMMARY
A Rare Opportunity in Blanco, Texas! This 1.6 +/- acre property, spanning the entire block, offers approximately 270 feet of prime Highway 281 frontage, as well as additional frontage on both 12th and 13th Streets. With daily traffic counts exceeding 15,000 vehicles, it provides excellent visibility and great potential for future development. The property includes a 13-unit motel, 9 of which are fully completed, along with two 1-bedroom, 1-bath apartments and a 2-bedroom, 1-bath apartment. There’s also office space and a 1,200 sqft flex space that was previously leased to Subway. With its versatile layout, this property offers endless possibilities for commercial or retail ventures. Located in one of the fastest-growing areas in the U.S., it's less than an hour from both Austin and San Antonio.
PROPERTY FACTS
Price | $1,649,000 |
Price Per Room | $109,933 |
Sale Type | Investment |
Sale Condition | Redevelopment Project |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.63 AC |
Building Size | 8,316 SF |
No. Rooms | 15 |
No. Stories | 1 |
Year Built | 1965 |
Parking Ratio | 1.44/1,000 SF |
Corridor | Exterior |
Zoning | C |
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 2 | $80.00 | - |
Guest Room | 13 | $57.00 | - |
1 of 1
PROPERTY TAXES
Parcel Number | R12399 | Improvements Assessment | $960,350 |
Land Assessment | $349,260 | Total Assessment | $1,216,404 |