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126 Middle Buster
Gonzales, TX 78629
Holiday Inn Express & Suites Gonzales · Hospitality Property For Sale
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62 Rooms
Investment Highlights
- 62 rooms, three stories, interior corridors built in 2012
- The sellers are the contractors that built the hotel in 2012
- 2019 Net Operating Income of $342K, $426K in 2018
- Gonzales, TX is just 65 miles south of Austin, TX
- 2019 Revenue of $1.287M, $1.481M in 2018
- Sellers estimate the remaining Formula Blue PIP at less than $700K
Property Facts
| Property Type | Hospitality | No. Rooms | 62 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 2012/2020 |
| Lot Size | 1.50 AC | Parking Ratio | 1.18/1,000 SF |
| Building Size | 76,137 SF | Corridor | Interior |
| Zoning | Real commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 76,137 SF |
| No. Rooms | 62 |
| No. Stories | 3 |
| Year Built/Renovated | 2012/2020 |
| Parking Ratio | 1.18/1,000 SF |
| Corridor | Interior |
| Zoning | Real 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 | $149.00 | - |
| Guest Room | 46 | $139.00 | - |
Property Taxes
| Parcel Number | 23860 | Improvements Assessment | $3,585,550 |
| Land Assessment | $147,940 | Total Assessment | $3,733,490 |
Property Taxes
Parcel Number
23860
Land Assessment
$147,940
Improvements Assessment
$3,585,550
Total Assessment
$3,733,490
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