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1400 Ollie Ln
Marble Falls, TX 78654
Motel 6 Marble Falls · Hospitality Property For Sale · 83 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.50 AC
Building Size 30,522 SF
No. Rooms 83
No. Stories 4
Year Built/Renovated 2010/2012
Parking Ratio 1.17/1,000 SF
Corridor Interior
Zoning F1

AMENITIES

  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ABOUT 1400 OLLIE LN , MARBLE FALLS, TX 78654

Property Overview: The Motel 6 Marble Falls is an 83-room, four-story, interior corridor hotel built in 2010. Well-equipped with numerous common area and guest room amenities, this limited-service economy hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, work desk, and flat-screen television. Additionally, some splendid common area amenities the hotel has to offer consist of an outdoor pool, self-service laundry facilities, and vending machines. Location Overview: Marble Falls, Texas is a city located in Burnet County in the central region of the state, 60 miles northwest of Austin and 70 miles southwest of Temple. The Motel 6 Marble Falls is superbly positioned on Ollie Lane, near Highway 281. With the city's major employers and popular revenue generators near the property, this soughtafter hotel benefits from many key industries of the city which include manufacturing, healthcare, and retail trade. Granite Mesa Health Center and H-E-B, two of the city’s largest employers located approximately two miles from the hotel, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include Baylor Scott & White Medical Cent er Marble Falls (8.6 miles) and Horseshoe Bay Resort (9.7 miles). Revenue generators in the area, like ShowBiz Cinemas (1.2 miles) and Falls on the Colorado Museum of Arts (2.9 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Blue Bonnet Caf (3.1 miles) and Brass Hall (3.1 miles).

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 83 $65.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71137
Land Assessment
$783,155
Improvements Assessment
$2,537,645
Total Assessment
$3,320,800
  • Listing ID: 17367854

  • Date on Market: 10/4/2019

  • Last Updated:

  • Address: 1400 Ollie Ln, Marble Falls, TX 78654

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