2620 Santa Ursula Ave | Laredo, TX 78040
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- LoopNet Team
2620 Santa Ursula Ave
Laredo, TX 78040
Econo Lodge Inn & Suites Laredo · Hospitality Property For Sale
·
26,612 SF
INVESTMENT HIGHLIGHTS
- Recent $600K renovation
- “The Kaxi Restaurant” on site | $30K annual restaurant lease income (beginning in January 2026) | recently underwent $200k renovation
- 27.5%+ projected cash-on-cash return
- Two-bedroom manager’s apartment on site
- 2024 T-12 revenue: $1,315,085
- 65.4% occupancy | outperforming the comp set in ADR
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1965 |
| Building Class | C | Parking Ratio | 2.34/1,000 SF |
| Lot Size | 1.12 AC | Corridor | Exterior |
| Building Size | 26,612 SF | ||
| Zoning | B-3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 26,612 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Exterior |
| Zoning | B-3 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 163852 | Improvements Assessment | $1,049,356 |
| Land Assessment | $1,200,644 | Total Assessment | $2,250,000 |
PROPERTY TAXES
Parcel Number
163852
Land Assessment
$1,200,644
Improvements Assessment
$1,049,356
Total Assessment
$2,250,000
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