1800 Highway 97 E | Jourdanton, TX 78026
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- LoopNet Team
1800 Highway 97 E
Jourdanton, TX 78026
Sleep Inn & Suites Jourdanton - Pleasanton · Hospitality Property For Sale
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45,704 SF
INVESTMENT HIGHLIGHTS
- 65-Room, Interior Corridor, Midscale Hotel Built in 2015
- Priced at 2.90X on August 2020 Trailing 12-Month Room Revenue
- At a $39.55 RevPAR, the Sleep Inn & Suites Would Achieve $938,323 in Room Revenue the First Year
- Priced Significantly Below Replacement Cost at $32,308 Per Key
- The Average RevPAR for Competitive Hotels (Holiday Inn Express & Suites, Best Western Plus, La Quinta Inn & Suites, Microtel Inn & Suites) is $39.55
- Absentee Owner Which Presents Upside for Hands-On Owner-Operator
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2015 |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 2.10 AC | Corridor | Interior |
| Building Size | 45,704 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.10 AC |
| Building Size | 45,704 SF |
| No. Stories | 3 |
| Year Built | 2015 |
| Parking Ratio | 1.71/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | R181979 | Improvements Assessment | $2,960,412 |
| Land Assessment | $275,848 | Total Assessment | $3,236,260 |
PROPERTY TAXES
Parcel Number
R181979
Land Assessment
$275,848
Improvements Assessment
$2,960,412
Total Assessment
$3,236,260
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