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2965 E Main St
Alice, TX 78332
Holiday Inn Express & Suites Alice · Hospitality Property For Sale · 46,682 SF

INVESTMENT HIGHLIGHTS

  • Offered at $60,000 / key
  • 3 story, Interior Corridor
  • 2.4x 2019 Room Revenue Multiplier
  • Well Maintained
  • 30 minutes to Corpus Christi, 2 hours to San Antonio
  • 13.6% Cap Rate assuming PIP of $1M

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.13 AC
Building Size 46,682 SF
No. Stories 3
Year Built/Renovated 2004/2024
Parking Ratio 6.19/1,000 SF
Corridor Interior
Zoning H

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11020-001-018-00
  • 11546-001-000-00
Land Assessment
$4,574
Improvements Assessment
$2,261,932
Total Assessment
$2,266,506
  • Listing ID: 21334166

  • Date on Market: 10/26/2020

  • Last Updated:

  • Address: 2965 E Main St, Alice, TX 78332

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