1804 E Sarah Dewitt Dr | Gonzales, TX 78629
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1804 E Sarah Dewitt Dr
Gonzales, TX 78629
Hotel on Sarah Dewitt Dr, Gonzales, TX · Hospitality Property For Sale
·
29,223 SF
INVESTMENT HIGHLIGHTS
- The hotel’s rooms revenue increased by 11.0% (rounded) in 2024, reaching $611,965, up from $550,439 in 2023.
- Per the TTM period through November 2024, the hotel’s RevPAR equated to $29.77, below the competitive set’s average RevPAR of $34.35.
- Gonzales has a strong economy supported by the O&G, agriculture, manufacturing, and retail trade industries.
- The property contains a three-bedroom, two-bathroom apartment with a fully equipped kitchen, a living room, and office space.
- Improving the hotel’s RevPAR to meet that of competitive set’s average could generate rooms revenue of approximately $714,652.
- The presence of the Eagle Ford Shale attracts workers and business travelers, boosting demand for lodging accommodations.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1981/2009 |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 1.11 AC | Corridor | Interior |
| Building Size | 29,223 SF | ||
| Zoning | NA | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.11 AC |
| Building Size | 29,223 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2009 |
| Parking Ratio | 2.05/1,000 SF |
| Corridor | Interior |
| Zoning | NA |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 11357 | Improvements Assessment | $940,440 |
| Land Assessment | $338,650 | Total Assessment | $1,279,090 |
PROPERTY TAXES
Parcel Number
11357
Land Assessment
$338,650
Improvements Assessment
$940,440
Total Assessment
$1,279,090
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