1209 N IH 35 N | Round Rock, TX 78664
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- LoopNet Team
1209 N IH 35 N
Round Rock, TX 78664
Wingate by Wyndham Round Rock Hotel · Hospitality Property For Sale
·
54,693 SF
INVESTMENT HIGHLIGHTS
- Underperformed Motel 6 & Quality Inn / Owned by Out of State Investors: Property underperformed the Motel 6 & Quality Inn by aprox $14 in RevPAR 2021
- High Cash Flow Meeting Space – Property has 15,000 sq. ft. of meeting space, contained in a separate building.
- High barrier to Entry / Well Below Replacement Cost
- Major Renovation Completed in 2020 – renovations include new case goods, mattresses, lighting, and public space - Ask Broker for details.
- Meeting Space is operating at about 60% margin with a 2019 NOI of $358,360. Consists Ballroom, Boardrooms, multiple smaller Meeting Rm.
- Minutes from new $17 Billion Samsung plant construction project
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2020 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.57 AC | Parking Ratio | 3.2/1,000 SF |
| Building Size | 54,693 SF | Corridor | Interior |
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.57 AC |
| Building Size | 54,693 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2020 |
| Tenancy | Single |
| Parking Ratio | 3.2/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | R416373 | Improvements Assessment | $2,745,788 |
| Land Assessment | $4,180,087 | Total Assessment | $6,925,875 |
PROPERTY TAXES
Parcel Number
R416373
Land Assessment
$4,180,087
Improvements Assessment
$2,745,788
Total Assessment
$6,925,875
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