412 S I-35 Fwy | Pearsall, TX 78061
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412 S I-35 Fwy
Pearsall, TX 78061
Holiday Inn Express & Suites Pearsall · Hospitality Property For Sale
·
64,605 SF
Investment Highlights
- Fee simple interest in the lender-owned, 74 room Holiday Inn Express Pearsall TX offered at a substantial discount to replacement cost
- Offered unencumbered of management or debt with the ability to retain the Holiday Inn Express flag for a new, long-term license upon change of owner
- Situated directly adjacent to and directly visible from Interstate-35, the primary north/south thoroughfare connecting San Antonio and Laredo
- Part of a larger 7 asset Texas and New Mexico portfolio affording buyers the opportunity to purchase multiple assets with strong operating economies
- Significant operational upside for a prospective owner in taking over for the current larger national third-party management and the lender
- Readily accessible via Interstate-35 connecting Pearsall with all regional Frio County demand and the broader San Antonio MSA
Property Facts
| Property Type | Hospitality | Year Built/Renovated | 2012/2021 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 1.63 AC | Corridor | Interior |
| Building Size | 64,605 SF | Cross Streets | Veterans Dr. |
| No. Stories | 4 | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 64,605 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2012/2021 |
| Tenancy | Single |
| Parking Ratio | 1.22/1,000 SF |
| Corridor | Interior |
| Cross Streets | Veterans Dr. |
| Zoning | C |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 00123-00002-01000-000000 | Improvements Assessment | $122,390 |
| Land Assessment | $302,610 | Total Assessment | $425,000 |
Property Taxes
Parcel Number
00123-00002-01000-000000
Land Assessment
$302,610
Improvements Assessment
$122,390
Total Assessment
$425,000
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