This Hospitality Property is no longer advertised on LoopNet.com.

7010 Bob Bullock Loop
Laredo, TX 78041
 Staybridge Suites Laredo International · Hospitality Property For Sale · 71,542 SF

Hotels Texas Laredo 7010 Bob Bullock Loop, Laredo, TX 78041

INVESTMENT HIGHLIGHTS

  • Fee simple interest in this institutionally owned and third-party managed offered at a substantial discount to replacement cost.
  • This property is part of a larger seven asset Texas and Louisiana portfolio, allowing buyers to acquire multiple strong assets.
  • Property continues to grossly outperform national occupancy, with the asset running approximately +90% occupancy over the trailing 12 months.
  • Ability for qualified buyers to retain the Staybridge Suites flag with a new long-term 15-year license upon completing minor deficiency items.
  • Seller completed $2.2 million in recent renovations presenting strong operational upside for prospective buyers.
  • Near all local and regional demand, including Laredo International Airport, Sames Auto Arena, San Agustin de Laredo Historic District, and much more.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.65 AC
Building Size 71,542 SF
No. Stories 2
Year Built/Renovated 2005/2018
Parking Ratio 1.75/1,000 SF
Corridor Interior
Zoning B-4 - Highway Commercial District

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Fully-Equipped Kitchen

LINKS

PROPERTY TAXES

Parcel Number 305925 Improvements Assessment $8,595,302
Land Assessment $2,058,188 Total Assessment $10,653,490
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  • Listing ID: 22260864

  • Date on Market: 2/17/2021

  • Last Updated:

  • Address: 7010 Bob Bullock Loop, Laredo, TX 78041

More public record information on 7010 Bob Bullock Loop, Laredo, TX 78041

The Hospitality Property at 7010 Bob Bullock Loop, Laredo, TX 78041 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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