880 S Loop 35 Byp | Alvin, TX 77511
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880 S Loop 35 Byp
Alvin, TX 77511
La Quinta Inn & Suites by Wyndham Alvin · Hospitality Property For Sale
·
33,321 SF
INVESTMENT HIGHLIGHTS
- Three-Story, 55-Room, Upper-Midscale Hotel within the Houston-Woodlands-Sugar Land MSA
- Tactfully Located with Great Visibility off Loop 35 and Highway 6
- Hotel is 31 Miles Away from the Port of Galveston Cruise Terminal with Carnival Cruises, Royal Caribbean Cruise Lines, Disney Cruises, and Norwegian
- Over $628,000 of Property Renovations and Improvements Completed by Current Ownership – Minimal PIP Expected
- Historically Proven Stable Hotel with Average Revenues from 2011-2021 of $1,105,312
- Excellent Opportunity to Implement Strategic Expense Management and Operational Strategies to Increase Performance and Cash Flow
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2019 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.39 AC | Parking Ratio | 1.51/1,000 SF |
| Building Size | 33,321 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.39 AC |
| Building Size | 33,321 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2019 |
| Tenancy | Single |
| Parking Ratio | 1.51/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 880 S LOOP 35 BYP , ALVIN, TX 77511
The La Quinta Inn & Suites is a 55-room Hotel located at 880 S Loop 35 Bypass, just off the intersection of Highway 6 and Loop 35. The Property is approximately 46,440 square feet across three floors and has various amenities including a business center, laundry facilities, fitness center, outdoor pool, and 725 SF of meeting and event space. Current ownership has pridefully maintained the limited-service Hotel, investing over $628 thousand in Property improvements.
PROPERTY TAXES
| Parcel Number | 4180-0013-006 | Improvements Assessment | $4,124,110 |
| Land Assessment | $275,890 | Total Assessment | $4,400,000 |
PROPERTY TAXES
Parcel Number
4180-0013-006
Land Assessment
$275,890
Improvements Assessment
$4,124,110
Total Assessment
$4,400,000
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