1103 Hobbs Hwy - Hospitality FOR SALE


Seminole, TX 79360
$4,250,000 USD
512-842-9211
1103 Hobbs Hwy, Seminole, TX for Sale
$4,250,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

1103 Hobbs Hwy
Seminole, TX 79360


HIGHLIGHTS

  • Operational Upside Potential: In 2024, the hotel’s GOP was 33.2%, resulting in approx. $344,000 (rounded) in net operating income (NOI) flow-through.
  • The hotel’s running-three-year average rooms revenue equated to $1,415,000 (rounded).
  • The property features 3,000 square feet of flexible meeting space, providing an additional revenue stream.
  • Based on the pricing guidance, the property underwrites to an attractive 3.0x RRM based on the TTM Nov 2025 rorooms revenue of $1,387,000 (rounded).
  • Consistent O&G demand in the post-pandemic economy has supported stable hotel performance over the past three years.
  • This offering presents an investor with the ability to acquire the property at a price well below replacement cost, at $48,000 (rounded) per key.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=152778 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 88-key Wingate by Wyndham Seminole, a limited-service hotel asset in Seminole, Texas. Currently absentee-owned, a more hands-on owner/operator should be able to enhance the hotel’s cash flow through disciplined expense management.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$66 USD /SF

# OF ROOMS

88

PRICE/ROOM

$48,295 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wingate by Wyndham Seminole

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

F1

APN/PARCEL ID

89950

ASK ABOUT THIS PROPERTY

512-842-9211

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512-842-9211

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