515 7th St | Bay City, TX 77414
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- LoopNet Team
515 7th St
Bay City, TX 77414
Fairfield Inn & Suites Bay City · Hospitality Property For Sale
·
33,530 SF
INVESTMENT HIGHLIGHTS
- Beautiful 2018 construction
- 79 room interior corridor property
- Strong performer with year over year revenues increasing
- 8.6% cap rate at list price
- Well under $90k per key for a Marriott branded property
- Strong base of economic drivers and near many attractions
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2018 |
| Building Class | B | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 2.24 AC | Corridor | Interior |
| Building Size | 33,530 SF | ||
| Zoning | N/A | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.24 AC |
| Building Size | 33,530 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 2.51/1,000 SF |
| Corridor | Interior |
| Zoning | N/A |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 118754 | Improvements Assessment | $5,351,210 |
| Land Assessment | $111,270 | Total Assessment | $5,462,480 |
PROPERTY TAXES
Parcel Number
118754
Land Assessment
$111,270
Improvements Assessment
$5,351,210
Total Assessment
$5,462,480
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