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Columbus Inn 2208 Highway 71 S 72 Room Hotel Columbus, TX 78934 $2,999,000 ($41,653/Room) 7.83% Cap Rate
Investment Highlights
- Adjacent to I-10 West feeder road. 3.1 acres land, 72 units of room and a restaurant Building. Restaurant business is a bonus to new owner..
- In 2025,room revenue $619,138, plus other income: Restaurant building rental $3000/mo.. Whataburger signage $1000/mo.. NOI $234,936. Cap rate 7.83%.
- Recently remodeled. 1.5 hours from Houston by I-10 West. Per owner, never flooded. 1.5 % tax rate. All staffs can remain if so desired. ..
Executive Summary
Columbus Inn. for sale.: A 72 unit motel plus restaurant @ I-10 West /State highway 71 South, Columbus city.
Owner retiring. 3.1 acres land with 31,946 SF improvement.( 28392 s.f. of Motel and 3554 s.f. restaurant space). Columbus Inn was once Holiday Inn.
It is surrounded by all restaurants: on site Formosa Chinese Restaurant, Burger King, Whataburger ( at entrance of Columbus Inn), Popeyes Louisiana Kitchen, Jack in the box, Pizza Hut, HEB, Walmart, next to hospital, Exxon...in the Columbus CBD.
Per county appraisal district, buildings were built in 1991, . Per owner, never flood. Tax rate 1.5%..
A. Motel Room rental gross revenue: $568,719( 2023 tax basis). $587,914 ( 2024 tax basis). $619,138( 2025 tax basis).
B. Motel Other income:
1.. $3000 monthly lease payment from the on site Formosa Chinese Restaurant to the Columbus Inn. ( per owner it is the only Chinese restaurant in Columbus).Per owner, the restaurant is currently making around $400,000 per year which is not included in Columbus Inn revenue. Operation of Formosa restaurant is currently owner separate personal income, Since 2005, the current motel owner is also operating the restaurant business. There is no lease. The chef of this restaurant may remain if so requested by New owner.. New owner has the option either to operate the restaurant business or just lease the space as landlord.
2. $1000 per month Whataburger signage. ( per owner, this sign has two additional signage space for lease @interstate 71 /I10 visibility).
Motel other recent remodeling's:
1. Two new water heaters 2022 and 2023
2. New water softener 2024
3.New Air conditioner -recently replaced 40 units
4. Roof- 1/2026 resurfaced with new paint
5. Remolded interior 2023: New furniture, (furniture loan will be paid off at closing),
all baths with new granite in building one, all new engineered plank floor ( no carpet).
6. Restaurant- one new cooler 2025 and second new cooler 2024.
7. Restaurant storage has new roof.
8, Owner will pay off all outstanding loan at closing
9. Currently owner operates the Motel and Restaurant( Restaurant pays $3000/month building rent to Columbus Inn.
Restaurant business income could be a bonus to new owner ).Per owner, the on site restaurant makes $400,000 sale a year.
10. Whataburger signage rent $1000/month. There are two more sign spaces available for future lease.
11. Current employees may stay if so requested by new owner.. .
Happy to work with investors, brokers. . Buyer agent commission 1.5%. Please contact Johnathan Ling Broker 713-319-6456
or Lily Ling broker, 713-385-1188 ,or contact Julie Yen, Team assistant 832-488-8399.
All data and information need to be further verified by Buyer and Buyer agent.
Owner retiring. 3.1 acres land with 31,946 SF improvement.( 28392 s.f. of Motel and 3554 s.f. restaurant space). Columbus Inn was once Holiday Inn.
It is surrounded by all restaurants: on site Formosa Chinese Restaurant, Burger King, Whataburger ( at entrance of Columbus Inn), Popeyes Louisiana Kitchen, Jack in the box, Pizza Hut, HEB, Walmart, next to hospital, Exxon...in the Columbus CBD.
Per county appraisal district, buildings were built in 1991, . Per owner, never flood. Tax rate 1.5%..
A. Motel Room rental gross revenue: $568,719( 2023 tax basis). $587,914 ( 2024 tax basis). $619,138( 2025 tax basis).
B. Motel Other income:
1.. $3000 monthly lease payment from the on site Formosa Chinese Restaurant to the Columbus Inn. ( per owner it is the only Chinese restaurant in Columbus).Per owner, the restaurant is currently making around $400,000 per year which is not included in Columbus Inn revenue. Operation of Formosa restaurant is currently owner separate personal income, Since 2005, the current motel owner is also operating the restaurant business. There is no lease. The chef of this restaurant may remain if so requested by New owner.. New owner has the option either to operate the restaurant business or just lease the space as landlord.
2. $1000 per month Whataburger signage. ( per owner, this sign has two additional signage space for lease @interstate 71 /I10 visibility).
Motel other recent remodeling's:
1. Two new water heaters 2022 and 2023
2. New water softener 2024
3.New Air conditioner -recently replaced 40 units
4. Roof- 1/2026 resurfaced with new paint
5. Remolded interior 2023: New furniture, (furniture loan will be paid off at closing),
all baths with new granite in building one, all new engineered plank floor ( no carpet).
6. Restaurant- one new cooler 2025 and second new cooler 2024.
7. Restaurant storage has new roof.
8, Owner will pay off all outstanding loan at closing
9. Currently owner operates the Motel and Restaurant( Restaurant pays $3000/month building rent to Columbus Inn.
Restaurant business income could be a bonus to new owner ).Per owner, the on site restaurant makes $400,000 sale a year.
10. Whataburger signage rent $1000/month. There are two more sign spaces available for future lease.
11. Current employees may stay if so requested by new owner.. .
Happy to work with investors, brokers. . Buyer agent commission 1.5%. Please contact Johnathan Ling Broker 713-319-6456
or Lily Ling broker, 713-385-1188 ,or contact Julie Yen, Team assistant 832-488-8399.
All data and information need to be further verified by Buyer and Buyer agent.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$667,138
|
$15.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$667,138
|
$15.99
|
| Taxes |
$31,591
|
$0.76
|
| Operating Expenses |
$400,611
|
$9.60
|
| Total Expenses |
$432,202
|
$10.36
|
| Net Operating Income |
$234,936
|
$5.63
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $667,138 |
| Annual Per SF | $15.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $667,138 |
| Annual Per SF | $15.99 |
| Taxes | |
|---|---|
| Annual | $31,591 |
| Annual Per SF | $0.76 |
| Operating Expenses | |
|---|---|
| Annual | $400,611 |
| Annual Per SF | $9.60 |
| Total Expenses | |
|---|---|
| Annual | $432,202 |
| Annual Per SF | $10.36 |
| Net Operating Income | |
|---|---|
| Annual | $234,936 |
| Annual Per SF | $5.63 |
Property Facts
| Price | $2,999,000 | Lot Size | 3.10 AC |
| Price Per Room | $41,653 | Building Size | 31,946 SF |
| Sale Type | Investment | No. Rooms | 72 |
| Cap Rate | 7.83% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1991/2025 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | commercial - Commercial lot 3.09 acres( 134587 SF). Motel improvements : 28,392 s.f. . Restaurant 3554 s.f., Parking ration 1.5/room. | ||
| Price | $2,999,000 |
| Price Per Room | $41,653 |
| Sale Type | Investment |
| Cap Rate | 7.83% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.10 AC |
| Building Size | 31,946 SF |
| No. Rooms | 72 |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2025 |
| Corridor | Exterior |
| Zoning | commercial - Commercial lot 3.09 acres( 134587 SF). Motel improvements : 28,392 s.f. . Restaurant 3554 s.f., Parking ration 1.5/room. |
Amenities
- Pool
- Room Service
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $92.00 | - |
| Guest Room | 71 | $55.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12279 | Total Assessment | $2,062,824 |
| Land Assessment | $775,220 | Annual Taxes | $31,591 ($0.99/SF) |
| Improvements Assessment | $1,287,604 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
12279
Land Assessment
$775,220
Improvements Assessment
$1,287,604
Total Assessment
$2,062,824
Annual Taxes
$31,591 ($0.99/SF)
Tax Year
2025 Payable 2025
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Presented by
Lily H. Ling, REALTOR
Columbus Inn | 2208 Highway 71 S
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