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2138 Water St
Gonzales, TX 78629
Sleep Inn & Suites Gonzales near Palmetto · Hospitality Property For Sale
·
57,361 SF
INVESTMENT HIGHLIGHTS
- 48 guestrooms, three stories, interior corridors with elevator built in 2008
- Trailing 12 month room revenue through September 2019 was $744,206 with 56.8% occupancy and a $74.60 ADR - up over the same period last year
- The owner are contractors and are selling the last of their two hotels to pursue their construction projects.
- Gonzales, TX is 65 miles south of Austin, 75 miles east of San Antonio and 135 miles west of Houston
- The 62 room Holiday Inn Express next door is also owned by the sellers. It is available for $5,500,000.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2011 |
| Building Class | B | Parking Ratio | 0.99/1,000 SF |
| Lot Size | 1.29 AC | Corridor | Interior |
| Building Size | 57,361 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.29 AC |
| Building Size | 57,361 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2011 |
| Parking Ratio | 0.99/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 2138 WATER ST , GONZALES, TX 78629
The City of Gonzales, Texas is the county seat of Gonzales County with a population of 20,573. Gonzales is one of the oldest cities in Texas and is called “The Lexington of Texas” due to its role in Texas independence. Gonzales has a high concentration of historic houses and other buildings along with numerous museums and parks. Major industries are health care and education services 21.1%, manufacturing 15%, retail 12.3%, agriculture and mining 11.6%. The Sleep Inn and Suites is visible and accessible from U.S. Route 183. It has been very well maintained and is in excellent condition. We expect an experienced multi hotel owner will find many ways to reduce operational costs. Please contact us at your convenience to arrange a tour of this very special property
PROPERTY TAXES
| Parcel Number | 23861 | Improvements Assessment | $1,617,720 |
| Land Assessment | $127,440 | Total Assessment | $1,745,160 |
PROPERTY TAXES
