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Best Western Bandera Suites & Saloon 711 Main St 46 Room Hotel Bandera, TX 78003 $5,500,000 ($119,565/Room) 10.72% Cap Rate
Investment Highlights
- 1 Hour from San Antonio - Bandera is the “Cowboy Capital of the World!”
- Currently Corporately Managed with Huge Upside for Owner Operator
- High Cap Rate - 10%
- Tax Credits from the City Delivering High Profits
- Best Hotel for Any 1st Buyer to Buy / Own / Manage (Highly Recommended)
- Heavily Cash Flowing | Highly Profitable
Property Facts
| Price | $5,500,000 | Lot Size | 0.72 AC |
| Price Per Room | $119,565 | Building Size | 33,040 SF |
| Sale Type | Investment | No. Rooms | 46 |
| Cap Rate | 10.72% | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2020 |
| Property Subtype | Hotel | Parking Ratio | 1.79/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | B1 | ||
| Price | $5,500,000 |
| Price Per Room | $119,565 |
| Sale Type | Investment |
| Cap Rate | 10.72% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.72 AC |
| Building Size | 33,040 SF |
| No. Rooms | 46 |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 1.79/1,000 SF |
| Corridor | Interior |
| Zoning | B1 |
Amenities
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 46 | $157.00 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 186954 | Improvements Assessment | $5,620,810 |
| Land Assessment | $263,740 | Total Assessment | $5,884,550 |
Property Taxes
Parcel Number
186954
Land Assessment
$263,740
Improvements Assessment
$5,620,810
Total Assessment
$5,884,550
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Best Western Bandera Suites & Saloon | 711 Main St
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