This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1312 N Service Rd
Sonora, TX 76950
Econo Lodge Sonora · Hospitality Property For Sale
·
108,075 SF
INVESTMENT HIGHLIGHTS
- 99-Room, Exterior Corridor Hotel with Recent Renovation & Managers Apartment
- Offered under 2.2x Room Revenue Multiplier based on 2019 Numbers
- Potential Opportunity For Cities Only Extended Stay Presence
- Converted to Motel 6 in 2018 with Phoenix Renovation Package Completion by 2020
- Priced Below Replacement Cost at $28,283 Per Key
- Excellent Interstate Highway-10 Location Near a Variety of Demand Generators
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1971/2013 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 3.11 AC | Corridor | Exterior |
| Building Size | 108,075 SF | ||
| Zoning | (Commercial) | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.11 AC |
| Building Size | 108,075 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2013 |
| Parking Ratio | 1.2/1,000 SF |
| Corridor | Exterior |
| Zoning | (Commercial) |
AMENITIES
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 1312 N SERVICE RD , SONORA, TX 76950
Property Overview: The Motel 6 Sonora is a G6 Hospitality-branded hotel that was built in 1971. There are 99 rooms spread throughout ?ve buildings and two stories. Each room features a ?at-screen television, refrigerator, microwave, seating area, and a desk with an ergonomic chair. The common areas include an outdoor swimming pool, lobby, convenience store, laundry facility, truck parking, and barbeque grills. There is an on-site living quarter available for an owner-operator. Location Overview: Sonora, Texas is a city located in Sutton County in the central region of the state, 60 miles south of San Angelo, 170 miles west of San Antonio, and 200 miles west of Austin. The Motel 6 Sonora is strategically positioned on 1312 North Service Road. With the cities major employers and popular revenue generators in close proximity to the property, this sought-after hotel bene?ts from many key industries of the town which include mining, quarrying, regional over?ow from oil & gas extraction, accommodation & food service, and educational services. The city of Sonora and L M Hudspeth Memorial Hospital, two of the city’s largest employers are located approximately 1.9 and 3.4 miles from the hotel, respectively, and are prime revenue drivers for the surrounding area. Other major employers that are responsible for a signi?cant portion of the workforce include the Sonora Independent School District (1.2 miles). Revenue generators in the area, like Eaton Hill Nature Center & Preserve (2.3 miles), Old Sonora Ice House Ranch Museum (2.3 miles), and the Caverns of Sonora (15.2 miles) help bring additional revenue to the hotel through an increase in transient business. The hotel also bene?ts from a large number of recreational hunting and ?shermen in the area.
PROPERTY TAXES
| Parcel Number | 100109 | Improvements Assessment | $991,800 |
| Land Assessment | $108,200 | Total Assessment | $1,100,000 |
PROPERTY TAXES
