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Best Western George West Executive Inn 208 Nueces St 50 Room Hotel George West, TX 78022 $2,900,000 ($58,000/Room)
INVESTMENT HIGHLIGHTS
- 50 Units, Original Owner Built the Hotel in 1998, Priced to Sell at a 3x Revenue Multiplier and $58,000 per Unit
- Trailing Twelve-Month Revenue through September 2025: $1,012,151 and Increasing, Seller Financing may be Available to Qualified Buyer with 25% Down
- 8 Single-Bed & 2 Double-Bed Executive Leased Apartments Available Separately for an Additional Asking Price of $1,100,000
- Perfect Opportunity for Owner/Operator with 3 Bed 2 Bath Onsite Manager's Apartment
- Excellent Condition - Qualifies for Best Western Membership Auto-Transfer
- Strategically Located off US-59 Highway between San Antonio and Corpus Christi
EXECUTIVE SUMMARY
The Best Western in George West, Texas, is a 50-room, two-story, exterior corridor hotel, ideally situated off Highways 59 and 281 midway between San Antonio and Corpus Christi.
This well-maintained property is current on requirements from Best Western, and has also recently made upgrades, including new Dormakaba electronic locks. The hotel features a spacious on-site manager's quarters on the second floor of the lobby that consists of three bedrooms and two bathrooms, making it ideal for an owner-operator.
The hotel continues to perform well, generating $965,660.48 in trailing twelve-month revenue through July. Built in 1998, it has remained under the same ownership since construction. Property amenities include a fitness center, meeting room, breakfast room, and outdoor pool.
Available separately, located behind the hotel and adjacent to the neighboring restaurant, are 8 single-bedroom units and 2 newly built double-bed executive apartments, which produced $133,529.99 in lease revenue during 2024. (The restaurant sits on a separate parcel and is not included in the sale.) The Owner is open to offers for the apartments included in the sale at an additional asking price of $1,100,000. Otherwise, electricity is already on a separate panel, and the Seller would figure out moving the water and other utilities along with a lot split to accommodate a hotel sale separately.
Located in a welcoming rural town with a population of approximately 2,500, George West offers a friendly atmosphere and convenient access to several local attractions. Nearby points of interest include Choke Canyon Reservoir, Lake Corpus Christi, Natural Bridge Caverns, the Grace Armantrout Museum, Live Oak County Museum, Buck West House, and Coleto Creek Park and Reservoir, among others.
This well-maintained property is current on requirements from Best Western, and has also recently made upgrades, including new Dormakaba electronic locks. The hotel features a spacious on-site manager's quarters on the second floor of the lobby that consists of three bedrooms and two bathrooms, making it ideal for an owner-operator.
The hotel continues to perform well, generating $965,660.48 in trailing twelve-month revenue through July. Built in 1998, it has remained under the same ownership since construction. Property amenities include a fitness center, meeting room, breakfast room, and outdoor pool.
Available separately, located behind the hotel and adjacent to the neighboring restaurant, are 8 single-bedroom units and 2 newly built double-bed executive apartments, which produced $133,529.99 in lease revenue during 2024. (The restaurant sits on a separate parcel and is not included in the sale.) The Owner is open to offers for the apartments included in the sale at an additional asking price of $1,100,000. Otherwise, electricity is already on a separate panel, and the Seller would figure out moving the water and other utilities along with a lot split to accommodate a hotel sale separately.
Located in a welcoming rural town with a population of approximately 2,500, George West offers a friendly atmosphere and convenient access to several local attractions. Nearby points of interest include Choke Canyon Reservoir, Lake Corpus Christi, Natural Bridge Caverns, the Grace Armantrout Museum, Live Oak County Museum, Buck West House, and Coleto Creek Park and Reservoir, among others.
PROPERTY FACTS
| Price | $2,900,000 | Building Size | 50,193 SF |
| Price Per Room | $58,000 | No. Rooms | 50 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1998/2012 |
| Property Subtype | Hotel | Parking Ratio | 0.8/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 3.70 AC | ||
| Zoning | Commercial - Hotel | ||
| Price | $2,900,000 |
| Price Per Room | $58,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.70 AC |
| Building Size | 50,193 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built/Renovated | 1998/2012 |
| Parking Ratio | 0.8/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Hotel |
AMENITIES
- Fitness Center
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 50 | $106.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 2300-0036-0015-00 | Improvements Assessment | $1,879,672 |
| Land Assessment | $120,731 | Total Assessment | $2,000,403 |
PROPERTY TAXES
Parcel Number
2300-0036-0015-00
Land Assessment
$120,731
Improvements Assessment
$1,879,672
Total Assessment
$2,000,403
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Best Western George West Executive Inn | 208 Nueces St
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