5864 Highway 281 | Three Rivers, TX 78071
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- LoopNet Team
5864 Highway 281
Three Rivers, TX 78071
Lux Inn & Suites · Hospitality Property For Sale
·
18,506 SF
INVESTMENT HIGHLIGHTS
- 30-Room, Two-Story Extended-Stay Hotel with Kitchenettes in All Rooms
- Low Maintenance Hotel Property – Ideal for Owner Operator or First Time Buyer - Currently Absentee Owned
- Offered at a Significant Discount to Replacement Cost at $34,375 Per Key
- Located Less than 2 Miles from Valero Three Rivers Refinery and Situated within Three Rivers' Enduring Association Oil & Gas Sector
- Centrally Located Between San Antonio and Corpus Christi – Approximately One Hour From Each
- On-Site, Two-Room Manager's Apartment
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 2012 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 2.53 AC | Corridor | Exterior |
| Building Size | 18,506 SF | ||
| Zoning | COMMERCIAL | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.53 AC |
| Building Size | 18,506 SF |
| No. Stories | 2 |
| Year Built | 2012 |
| Parking Ratio | 1.78/1,000 SF |
| Corridor | Exterior |
| Zoning | COMMERCIAL |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 0390-3300-0218-00 | Improvements Assessment | $541,007 |
| Land Assessment | $263,526 | Total Assessment | $804,533 |
PROPERTY TAXES
Parcel Number
0390-3300-0218-00
Land Assessment
$263,526
Improvements Assessment
$541,007
Total Assessment
$804,533
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