2138 Water St | Gonzales, TX 78629
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2138 Water St
Gonzales, TX 78629
Sleep Inn & Suites Gonzales near Palmetto · Hospitality Property For Sale
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57,361 SF
INVESTMENT HIGHLIGHTS
- 48 guestrooms, 3 stories, interior corridors, built in 2008
- 2019 Revenue of $767,931, Revenue of $781,829 in 2018
- 2019 NOI of $138,434, NOI of $205,716 in 2018
- Gonzales, TX is just 65 miles south of Austin, TX
- January to April 2021 room revenue down just 8% from 2019
- The Sellers own the 62 room Holiday Inn & Suites next door and would sell for $4.5M. They also own the restaurant and banquet center on the other side
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
PROPERTY TAXES
| Parcel Number | 23861 | Improvements Assessment | $1,617,720 |
| Land Assessment | $127,440 | Total Assessment | $1,745,160 |
PROPERTY TAXES
Parcel Number
23861
Land Assessment
$127,440
Improvements Assessment
$1,617,720
Total Assessment
$1,745,160
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