5511 7th St
Bay City, TX 77414
Studio 6 Bay City · Hospitality Property For Sale · 27,280 SF

Property Overview: The Studio 6 Bay City is a G6 Hospitality investment property. The 64-room are spread throughout two-floors and offer diverse common area and guest room amenities. Each room features a flat-screen television and kitchenette in select rooms. The common amenities include an outdoor pool, barbeque grills, picnic area, gazebo, and coin laundry. Location Overview: Bay City, Texas is seated in Matagorda County and in the southeastern part of the state, approximately 1.5 hours from Houston the fourth largest city in the United States. The Studio 6 Bay City is positioned on 5511 7th Street and has direct access to state highway 35. The region has a heavy concentration in oil and gas, and agriculture. In recent news Tenaris, a leading supplier of tubes and related services for the energy industry, announced a definitive agreement to acquire from PAO TMK, a Russian company and manufacturer of steel pipe, 100 percent of the shares of its wholly-owned U.S. subsidiary IPSCO Tubulars, Incorporated for $ 1.209 million, on a cash-free, debt-free basis, which included $270 million of working capital. This partnership would add a first U.S. steel bar production facility at Koppel, PA that will complement its seamless production in Bay City. In addition, the investment property is 3.2 miles from the historic city center which offers leisure travelers shopping, dining, and festivals throughout the year.