2050 State Highway 31 E | Athens, TX 75751
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- LoopNet Team
2050 State Highway 31 E
Athens, TX 75751
Quality Inn & Suites Athens · Hospitality Property For Sale
·
51,667 SF
INVESTMENT HIGHLIGHTS
- Capex Investments Include: Zoning Approved for Multifamily, New Roofs on All Buildings. Asbestos Abatement, All New Exterior Doors, and More
- Strategically Located Just off Hwy-31 and Loop-7
- Athens Boasts an Average Occupancy Rate of 96%, With a Strong Demand for Studio/ABP Units
- Property Sits on 11+ Acres of Land – Ready for Conversion to Apartments, Senior Living, or Hotel
- Extremely Low Basis That Allows for Significant Renovation Budget While Staying Below Replacement Cost
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 51,667 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1981/2012 |
| Lot Size | 11.09 AC | Parking Ratio | 4.39/1,000 SF |
| Construction Status | Converted | Corridor | Exterior |
| Zoning | MF-5 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 11.09 AC |
| Construction Status | Converted |
| Building Size | 51,667 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2012 |
| Parking Ratio | 4.39/1,000 SF |
| Corridor | Exterior |
| Zoning | MF-5 |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 2455-0000-012A-01 | Improvements Assessment | $0 |
| Land Assessment | $120,988 | Total Assessment | $120,988 |
PROPERTY TAXES
Parcel Number
2455-0000-012A-01
Land Assessment
$120,988
Improvements Assessment
$0
Total Assessment
$120,988
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