1108 W Highway 21 - Hospitality FOR SALE
Caldwell, TX 77836 |
$1,410,000 USD
214-432-4719
1108 W Highway 21
Caldwell, TX 77836
HIGHLIGHTS
- The property is offered at approximately $27,000 per key, well below current hotel development costs.
- The property is located 20 miles from Texas A&M University, one of the largest universities in the U.S. with over 80,000 students.
- The property is strategically positioned along TX-21 between College Station and Austin, capturing regional and pass-through demand.
- The market is supported by stable economic drivers, including the Texas A&M RELLIS Campus, Sanderson Farms, and AgriLife Research.
- There are no new hotel developments planned in Caldwell, helping maintain occupancy and limit competition.
- The property is currently absentee owned, creating an opportunity to improve operations and increase revenue.
FOR SALE DETAILS
PRICE
$1,410,000 USD
PRICE/SF
$38 USD /SF
# OF ROOMS
52
PRICE/ROOM
$27,115 {currency}
CAP RATE
9.95%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Americas Best Value Inn Caldwell
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1980
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.45 AC
LAND SF
106,587 SF
ZONING
F1
APN/PARCEL ID
17227
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214-432-4719
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214-432-4719
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