2502 Loop 306 | San Angelo, TX 76904
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- LoopNet Team
2502 Loop 306
San Angelo, TX 76904
Rodeway Inn San Angelo · Hospitality Property For Sale
·
42,000 SF
INVESTMENT HIGHLIGHTS
- investment includes a LEASED OUT 10,500 SF restaurant / event hall and features a sit-down restaurant that is leased until 2025 at $4,500 NET per mont
- Property is projected (2022/2023) revenue of $1,097,000 and a CAP rate of 10.87%.
- Price per key sits near $38,800 way below construction cost, and inexpensive enough to allow new Buyer to consider Re-Branding to a better franchise
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1985 |
| Building Class | C | Parking Ratio | 3.79/1,000 SF |
| Lot Size | 3.33 AC | Corridor | Exterior |
| Building Size | 42,000 SF | ||
| Zoning | C-G General Commercial - Motel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.33 AC |
| Building Size | 42,000 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 3.79/1,000 SF |
| Corridor | Exterior |
| Zoning | C-G General Commercial - Motel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 24-44700-0003-001-00 | Improvements Assessment | $972,792 |
| Land Assessment | $957,440 | Total Assessment | $1,930,232 |
PROPERTY TAXES
Parcel Number
24-44700-0003-001-00
Land Assessment
$957,440
Improvements Assessment
$972,792
Total Assessment
$1,930,232
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