110 E Highway 6 - Hospitality FOR SALE
Alvin, TX 77511 |
110 E Highway 6
Alvin, TX 77511
HIGHLIGHTS
- $2.5M invested in a full-scale, ongoing renovation
- Upgraded interiors, exteriors, and guest amenities
- Turnkey extended-stay hotel positioned for strong market performance
- Projected Net Operating Income (NOI) of $579K
- 45% NOI margin based on comparable economy extended-stay hotels
- Located in Alvin, TX – a strong market for workforce and long-term stay demand
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Studio 6 Alvin, TX
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
35624
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1960
PARKING SPACES
106
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
F1
APN/PARCEL ID
0227-0026-000
