Property tour and contact detail information.
Property tours available at any time convenient to buyers. We welcome all interested parties to walk property whenever time permits as all staff at hotel are aware of the potential sale.
Investment Highlights
#1 Ranked Hotel on TripAdvisor.com in the City of Giddings, TX! Long Good Standing Reputation within the City.
Hotel Revenues Trending Upwards with and 21.5% increase in RevPAR for the Trailing 12 Months as well as the Giddings Hotel Market as a whole is trending up in Revenue.
Great Opportunity for New Investor to buy a High Cash Flow Property.
Biggest Motel in Town with 79 rooms with a very favorable room mix including 44 rooms with two queen beds.
Offers Truck Parking for repeat Trucker Business year round.
Many Events in the City of Giddings, TX Year Round such as Dog Shows, Rodeo, Country Fair, Art and Craft Shows, Cattle Auctions, Charcoal Barbecue Competitions, etc...
Property does benefit from working in the area that are in town working in the energy sector.
PIP Required for New Owner to either convert property to Full Service Ramada or Super 8.
Investment Overview
NewGen Advisory is proud to present for sale the 79 Unit, 2 story, Exterior Corridor, Ramada LTD for sale in the city of Giddings, Texas. This hotel pr
This hotel presents a great opportunity for investors to purchase a performing asset with great cash flow in a market where all hotel revenues are on the rise. Being the #1 ranked hotel in the city of Giddings, TX proves that this property has a good long standing reputation within the city which guest enjoy and continue to come back to and stay.
Being the biggest hotel in town with 79 rooms and having a very favorable unit mix with 44 rooms with two queen beds provides this hotel with a huge advantage against its competitors. The Ramada Giddings has the ability to accommodate large groups of people for events such as family reunions, graduations, or oil field crews and construction crews that come to the area. The hotel also accommodates truckers year round as they have the parking lot big enough for truck parking.
In 2016 the hotel had dipped in revenue due to some economic and management issues at the property, but has since in 2017 recovered nicely. October 2017 Trailing 12 month RevPAR is up 21.5% for the Ramada Giddings, and an even more positive sign is that the RevPAR has gained 13.2% for the market as a whole. This is a great sign showing nice growth and revenue increase
