4914 San Bernardo Ave | Laredo, TX 78041
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- LoopNet Team
4914 San Bernardo Ave
Laredo, TX 78041
La Hacienda Motor Hotel · Hospitality Property For Sale
·
50,855 SF
INVESTMENT HIGHLIGHTS
- ?2021 NOI of $490,603 with NO ADVERTISING or 3rd Party Booking integrations
- 2021 financials do not account for a newly signed restaurant lease that will add an additional $25,000/year in bottom line profit
- New restaurant lease will provide hot breakfast to guests which will drive up ADR and therefore overall profitability
- ?Revenue is trending upward. Q1 2022 was the highest grossing quarter in the history of the property
- The ballroom can realistically generate an additional $10,000+/month in profits as it has done in the past
- Great cash flow with relatively low occupancy (70%) and ADR ($49) leaving room for huge upside potential
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 50,855 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1976 |
| Lot Size | 1.07 AC | Corridor | Exterior |
| Zoning | B-3 - Community Business District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.07 AC |
| Building Size | 50,855 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Corridor | Exterior |
| Zoning | B-3 - Community Business District |
AMENITIES
- Restaurant
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 560689 | Improvements Assessment | $0 |
| Land Assessment | $1,900,000 | Total Assessment | $1,900,000 |
PROPERTY TAXES
Parcel Number
560689
Land Assessment
$1,900,000
Improvements Assessment
$0
Total Assessment
$1,900,000
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