929 10th St | Floresville, TX 78114
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929 10th St
Floresville, TX 78114
Holiday Inn Express & Suites Floresville · Hospitality Property For Sale
·
45,350 SF
INVESTMENT HIGHLIGHTS
- The hotel has recorded a stable revenue average of $1,906,484 annually over the last three years, reflecting steady market demand.
- This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost, at less than $74,000 per key.
- Upon approval from the franchisor and completion of the PIP, an investor can expect a new, 15-year license agreement with IHG.
- The hotel’s rooms revenue for the year-to-date period through July 2025 increased by 1.0%, compared to the same period last year.
- The presence of the Eagle Ford Shale attracts workers and business travelers, boosting demand for lodging accommodations.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2013/2016 |
| Building Class | C | Parking Ratio | 2.34/1,000 SF |
| Lot Size | 2.35 AC | Corridor | Interior |
| Building Size | 45,350 SF | ||
| Zoning | None | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.35 AC |
| Building Size | 45,350 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2013/2016 |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 52428 | Improvements Assessment | $2,844,490 |
| Land Assessment | $558,510 | Total Assessment | $3,403,000 |
PROPERTY TAXES
Parcel Number
52428
Land Assessment
$558,510
Improvements Assessment
$2,844,490
Total Assessment
$3,403,000
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