46318 Interstate 10 | Winnie, TX 77665
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- LoopNet Team
46318 Interstate 10
Winnie, TX 77665
Motel 6 Winnie · Hospitality Property For Sale
·
30,024 SF
INVESTMENT HIGHLIGHTS
- A 70.0% LTV financing ratio at a 6.0% interest rate, 20-year amortization, and two-year term is available to a qualified buyer.
- The hotel’s average rooms revenue has been in excess of $638,000 (rounded) for the last three years.
- Ownership has maintained the physical asset well; thus, a minimal change-of-ownership PIP is expected.
- The hotel is on track to achieve $600,000 (rounded) in rooms revenue this year.
- The property contains a 2-bed/2-bath apartment with a fully equipped kitchen/living room that has a direct connection to the front desk.
- The property benefits from very strong visibility and accessibility off the frontage road along Interstate 10.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1983/2018 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 3.23 AC | Corridor | Exterior |
| Building Size | 30,024 SF | ||
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.23 AC |
| Building Size | 30,024 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2018 |
| Parking Ratio | 1.4/1,000 SF |
| Corridor | Exterior |
| Zoning | F1 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 47484-66500-00000-000100 | Improvements Assessment | $2,167,790 |
| Land Assessment | $113,160 | Total Assessment | $2,280,950 |
PROPERTY TAXES
Parcel Number
47484-66500-00000-000100
Land Assessment
$113,160
Improvements Assessment
$2,167,790
Total Assessment
$2,280,950
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