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495 W Expressway 83
Donna, TX 78537
Comfort Inn & Suites · Hospitality Property For Sale · 54 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.20 AC
Building Size 36,375 SF
No. Rooms 54
No. Stories 3
Year Built 2008
Parking Ratio 1.35/1,000 SF
Corridor Interior
Zoning CO

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ABOUT 495 W EXPRESSWAY 83 , DONNA, TX 78537

The Comfort Inn & Suites in Donna, TX is a 54 unit, 3-story, interior corridor hotel. Located in southern Texas the hotel has excellent visibility on Interstate 2 and is a covenient waypoint for travelers going to the beaches of the Gulf Coast or visitors coming to/from Mexico. In addition to leisure travelers the hotel also serves local businesses, hosting visitors and meetings onsite. A brand new Love's Travel Stop opened up next door in August 2018 presenting a new owner with opportunity to grow the business from an increase in commercial drivers in the area. The hotel was built in 2008 and is well-maintained. The owner is proceeding with their PIP and expects to deliver the property to a new owner with this completed. The Comfort Inn & Suites is highly reviewed, rated 4 out of 5 stars by guests on TripAdvisor. The hotel was appraised at $3,200,000 in August 2017 and is priced below replacement cost. The business did $916,000 in revenue in 2015, $901,000 in 2017, and $710,500 in 2017. The hotel had some customer contracts that concluded in 2016 and there is no dedicated sales staff in place to replace this business through outreach to new customers. The hotel is underperforming its competitive set (see STAR report) and presents opportunity for a new owner who can grow the business. Please contact us if you have further interest in this opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
W2760-03-000-0002-00
Land Assessment
$324,117
Improvements Assessment
$2,026,793
Total Assessment
$2,350,910
  • Listing ID: 14052819

  • Date on Market: 10/12/2018

  • Last Updated:

  • Address: 495 W Expressway 83, Donna, TX 78537

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