This Hospitality Property is no longer advertised on LoopNet.com.
1539 Horseshoe Dr
REO Sale: Red Lion Inn & Suites · Hospitality Property For Sale
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75,750 SF
INVESTMENT HIGHLIGHTS
Fee Simple interest in a 164-room, 5-story hotel built in 1980
The hotel has undergone major recent renovations in preparation to be converted to a Red Lion Inn & Suites and is not currently in operation.
Situated on two parcels that total +/- 5.17-acres of land just north of I-20 and south of I-77
The hotel is unencumbered by debt or management
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
B
Lot Size
4.86 AC
Building Size
75,750 SF
No. Stories
4
Year Built/Renovated
1980/2022
Parking Ratio
2.93/1,000 SF
Corridor
Interior
Zoning
GC
AMENITIES
Business Center Fitness Center Pool
Restaurant High Speed Internet Access
On-Site Bar Meeting Event Space
Public Access Wifi Smoke-Free
PROPERTY TAXES
Parcel Number
17011-08-06
Improvements Assessment
$3,887,600
Land Assessment
$1,481,900
Total Assessment
$5,369,500
