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365 S Interstate 35 Hwy
New Braunfels, TX 78130
La Quinta Inns & Suites New Braunfels · Hospitality Property For Sale · 13,544 SF

Investment Highlights

  • 77-Room, Interior Corridor, Midscale Hotel Built in 2003
  • Recent Extensive LQUP PIP Renovations Completed 2018/2019
  • Located on Interstate 35, One of the Fastest Growing Corridors in Texas
  • Located Within Greater San Antonio MSA & 45 Miles From Austin
  • Hotel Offered at a $63,636 PPK, Significantly Below Replacement Cost
  • Three Miles from Schlitterbahn Waterpark

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.76 AC
Building Size 13,544 SF
No. Stories 3
Year Built/Renovated 2003/2019
Tenancy Single
Parking Ratio 11.08/1,000 SF
Corridor Interior
Zoning C-3 - Commercial District

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 365 S INTERSTATE 35 HWY , NEW BRAUNFELS, TX 78130

Property Overview: The La Quinta Inn & Suites New Braunfels is a Wyndham Hotels & Resorts-branded property with 77 rooms spread throughout three floors. The midscale hotel amenities included are an outdoor pool, exercise room, business center, and meeting space. Each guest room comes equipped with a flat-screen television, microwave, and refrigerator. Location Overview: New Braunfels, Texas is located in the south-central part of the state and positioned 49 miles south of Austin and 31 miles north of San Antonio city centers. The La Quinta Inn & Suites New Braunfels resides on 365 Hwy 46 South and near several room demand generators. The city encompasses diversified industries which include tourism, financial institutions, and technology companies. Recently announced PNC Bank chose New Braunfels for a new operations center which will be housed in a 60,000 square-foot office space in the Parkview Plaza with expected completion by late 2020. In October 2019, Continental Structural Plastics also broke ground on their 2,000 square-foot $65 million plastics manufacturing facility in the region. TaskUs also invested in a 41,000 square-foot lease to house its call center who provides a plethora of business services to digital brands such as Tinder, Wish, Hootsuite, Hotels Tonight, and Sparefoot. The La Quinta Inn & Suites New Braunfels is near Schlitterbahn Waterpark (2.9 miles) and for a record 22nd straight year the resort has been named the Best Waterpark in the World at the 2019 Amusement Today's Golden Ticket Awards ceremony. Other room demand generators include the Natural Bridge Caverns (18.5 miles), Central Texas Medical Center (18.6 miles), and Wildlife Ranch (20.3 miles). The New Braunfels Regional Airport (4.9 miles) is nearby for travelers and handles over nine million passengers annually.

Property Taxes

Property Taxes

Parcel Number
35-0456-0002-00
Land Assessment
$1,031,640
Improvements Assessment
$3,141,240
Total Assessment
$4,172,880
  • Listing ID: 22217298

  • Date on Market: 2/11/2021

  • Last Updated:

  • Address: 365 S Interstate 35 Hwy, New Braunfels, TX 78130

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