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123 Huvar St
Victoria, TX 77904
Hilton Garden Inn Victoria · Hospitality Property For Sale · 90,876 SF

INVESTMENT HIGHLIGHTS

  • Opportunity to acquire the premier Hilton-branded lodging asset in Victoria, with stable historical revenues and operational upside.
  • From 2021 through 2024, rooms revenue consistently averaged over $3,600,000 (rounded), with gross revenue averaging over $4,200,000 (rounded).
  • The hotel’s rooms revenue for 2024 equated to $3,976,000 (rounded)—the highest performance since opening.
  • The high-quality asset features custom amenities and 7,004 square feet of meeting space (largest in the market).
  • During the same period, the hotel maintained its status as the market leader with an average RevPAR penetration index of 120.2%.
  • Current ownership is currently renovating the property, spending $1 million for the Hilton FRCM “soft” renovation.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.38 AC
Building Size 90,876 SF
No. Stories 3
Year Built 2013
Tenancy Single
Parking Ratio 1.71/1,000 SF
Corridor Interior
Zoning C-1

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17216-001-00100
Land Assessment
$277,170
Improvements Assessment
$8,222,830
Total Assessment
$8,500,000
  • Listing ID: 31845163

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 123 Huvar St, Victoria, TX 77904

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