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296 Abner Jackson Pky
Lake Jackson, TX 77566
Comfort Suites Lake Jackson Clute · Hospitality Property For Sale
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38,989 SF
Investment Highlights
- The living quarters contain five bedrooms, three bathrooms, and a private outdoor area exclusively accessible to the owner that allows for privacy.
- The offering presents an attractive investment opportunity, with a cap rate of 12.2% based on the 2022 NOI, ensuring a favorable return on investment.
- Acquire property below replacement cost, under $73,000 per key, providing great value.
- The hotel has consistently delivered strong cash flow, with a net operating income (NOI) of $489,818 in 2021 and $525,170 in 2022.
- Well-maintained hotel opened in 2000, with ownership scoring 85.9% and 91.4% on the brand's last two quality-assurance reports.
- Advantageously positioned property by highway, Dow Chemical's Lake Jackson campus, and Shintech's Freeport facility, driving robust corporate demand.
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2000 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.48 AC | Parking Ratio | 1.67/1,000 SF |
| Building Size | 38,989 SF | Corridor | Interior |
| Zoning | H1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.48 AC |
| Building Size | 38,989 SF |
| No. Stories | 3 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Interior |
| Zoning | H1 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 7133-2402-006 | Improvements Assessment | $2,663,330 |
| Land Assessment | $586,670 | Total Assessment | $3,250,000 |
Property Taxes
Parcel Number
7133-2402-006
Land Assessment
$586,670
Improvements Assessment
$2,663,330
Total Assessment
$3,250,000
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