210 S State Highway 123 | Karnes City, TX 78118
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
210 S State Highway 123
Karnes City, TX 78118
Super 8 by Wyndham Karnes City · Hospitality Property For Sale
·
35,545 SF
INVESTMENT HIGHLIGHTS
- Lender-Owned (REO) Asset
- Located in the Eagle Ford Shale, oil rigs increased to 69 in January this year, which is the highest since March 2019, and up from 43 last year
- This opportunity presents an investor the ability to acquire the property at a price well below replacement cost, at less than $40,000 per key
- Three-bedroom/two-bathroom owners apartment with a fully equipped kitchen and a living room that has a direct connection to the front desk
- The comparable hotel properties operated at an aggregate RevPAR of $65.00, while the Karnes City Inn only managed to yield a RevPAR level of $15.00
- Multiple franchise-conversion opportunities exist
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 2015 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 1.07 AC | Corridor | Exterior |
| Building Size | 35,545 SF | ||
| Zoning | Commercial - None | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.07 AC |
| Building Size | 35,545 SF |
| No. Stories | 2 |
| Year Built | 2015 |
| Parking Ratio | 1.07/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - None |
AMENITIES
- Business Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,451,051 | |
| Land Assessment | $129,493 | Total Assessment | $1,580,544 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$129,493
Improvements Assessment
$1,451,051
Total Assessment
$1,580,544
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
