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310 E I 10 Frontage Rd
Flatonia, TX 78941
Best Western Plus Flatonia Inn · Hospitality Property For Sale
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51 Rooms
Investment Highlights
- Fee-Simple Interest in the 51-Room, 3-Story, BW-Branded Hotel Built in 2015
- Perfect for Owner - Operator or First Time Buyer Provides Upside Potential in Revenue Growth, Expense Management, and Operational Efficiencies
- 8.2% Cap Rate on 2022 Actuals, Priced at $100,000/Room
- Easily Accessible and Highly Visible from Interstate 1-10
- Based on 2022 Revenue Figures and Annualized Expenses, the Hotel is Currently Operating Slightly Above 38% Profit Margin or a $420,506 NOI
- March 2023 T-12 Revenue of $1,189,684 Represents a 21% YoY Increased from 2022 Revenue
Property Facts
| Property Type | Hospitality | No. Rooms | 51 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built | 2015 |
| Lot Size | 1.61 AC | Parking Ratio | 1.64/1,000 SF |
| Building Size | 35,367 SF | Corridor | Interior |
| Zoning | CI - a zoning district for intense commercial services and some light manufacturing | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.61 AC |
| Building Size | 35,367 SF |
| No. Rooms | 51 |
| No. Stories | 3 |
| Year Built | 2015 |
| Parking Ratio | 1.64/1,000 SF |
| Corridor | Interior |
| Zoning | CI - a zoning district for intense commercial services and some light manufacturing |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 51 | $144.00 | - |
Property Taxes
| Parcel Number | R27864 | Improvements Assessment | $3,895,350 |
| Land Assessment | $288,150 | Total Assessment | $4,183,500 |
Property Taxes
Parcel Number
R27864
Land Assessment
$288,150
Improvements Assessment
$3,895,350
Total Assessment
$4,183,500
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