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3211 Hotel Way
Longview, TX 75605
Hawthorn Suites by Wyndham Longview · Hospitality Property For Sale · 41,116 SF

INVESTMENT HIGHLIGHTS

  • Call for Offers Date: December 11, 2020 at 5pm CST
  • Hotel is a Major Competitor in the Market with 100% RevPAR Index
  • Half a Mile from Longview Regional Medical Center, 11 Miles from East Texas Regional Airport
  • 84-Room, Interior Corridor, Extended Stay Hotel Built in 2011
  • Positioned on 3.05 Acres
  • Ability for Hands-On-Owner-Operator to Decrease Expenses & Increase Net Operating Income

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.05 AC
Building Size 41,116 SF
No. Stories 4
Year Built/Renovated 2011/2024
Parking Ratio 2.14/1,000 SF
Corridor Interior
Zoning C - Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Digital key

ABOUT 3211 HOTEL WAY , LONGVIEW, TX 75605

Property Overview: The midscale property offers kitchenettes in select rooms with each room providing a flat-screen television, microwave, and refrigerator. The common area hotel amenities provided to guests include bus/truck/RV parking, outdoor pool, fitness center, and laundry facilities. Multiple national chain restaurants such as Copeland’s of New Orleans, Outback Steakhouse, Panera Bread, Golden Corral and Texas Roadhouse within five minutes driving distance from the subject hotel providing ample dining options to its guests. Location Overview: Longview, Texas is located in the northeastern part of the state and is in the midst of “The Comprehensive Plan” that focuses on physical development and an overall vision as a livable and economically vibrant community with a committee task force in place for implementation. In concert with these initiatives the city has attracted several economic incentives to the community. With Hawthorn Suites by Wyndham Longview positioned on 3211 Hotel Way, the property is near several of these demand generators. In November 2020 Nine Energy Service, Inc, a leading oilfield services company announced that it will be opening a new 348,000-square-foot cementing facility in Longview. It is expected to be fully operational by the end of November and the company’s first expansion for their cementing service line in the Haynesville Basin. Other investments in the region’s horizon included a $4.5 million investment with KeepRite Refrigeration facility that will bring additional jobs to the region.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1184160
Land Assessment
$212,290
Improvements Assessment
$4,182,580
Total Assessment
$4,394,870
  • Listing ID: 21633128

  • Date on Market: 12/1/2020

  • Last Updated:

  • Address: 3211 Hotel Way, Longview, TX 75605

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