2400 W Mulberry St | Angleton, TX 77515
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2400 W Mulberry St
Angleton, TX 77515
La Quinta Inns & Suites by Wyndham Angleton · Hospitality Property For Sale
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34,125 SF
INVESTMENT HIGHLIGHTS
- Fee simple interest in the lender-owned and third-party managed 57-room La Quinta Inn & Suites Angleton offered at a substantial discount.
- Ability to either retain the La Quinta flag for a new license or rebrand to an AmericInn or Baymont upon completion of the respective PIP.
- Near all broader area demand, including Brand/Safway, UTMB Health, Dow Chemical Company, Phillip 66, and Port Freeport.
- Available unencumbered of debt and management with significant operational upside for new ownership with hotel foreclosed in December 2020.
- Situated at the intersection of TX highway 288 and 35, with approximately 30,000 vehicles passing the location daily.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 34,125 SF |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2008/2016 |
| Property Subtype | Hotel | Parking Ratio | 2.05/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.67 AC | Parcel Number | 6996-0000-001 |
| Zoning | C-G | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.67 AC |
| Building Size | 34,125 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2016 |
| Parking Ratio | 2.05/1,000 SF |
| Corridor | Interior |
| Zoning | C-G |
| Parcel Number | 6996-0000-001 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
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