112 W Live Oak St - Hospitality FOR SALE


College Station, TX 77840
$2,950,000 USD
409-781-7734
112 W Live Oak St, College Station, TX for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

112 W Live Oak St
College Station, TX 77840


HIGHLIGHTS

  • Rare opportunity to acquire a boutique hotel redevelopment opportunity in College Station, TX.
  • Project planned for 62 rooms, with onsite laundry and courtyard with amenities.
  • Owner is in process of completing interior demo, leaving a clean slate for repurposing - Remodel plans available for review.
  • Well located property directly across the street from Texas A&M University in the Northeast Gateway Redevelopment Area
  • Situated on irreplaceable 0.975 Acre site - Adjacent to redevelopment site, with new Portillo’s planned.

OVERVIEW

OLDHAM GOODWIN is pleased to present 112-114 Live Oak Street in College Station, TX for your consideration. Formerly two annex buildings for the La Quinta Hotel across Live Oak Street, the property was sold separately for a planned boutique extended stay hotel. The property consists of 62 rooms, situated on 0.975 acres directly across from Texas A&M University, in College Station’s Northeast Gateway Redevelopment area, just behind the future home of Portillo’s. The property is well located close to campus, with convenient access to State Highway 6, University Drive, and Texas Avenue. The current owner has started interior demo, and has plans for a boutique hotel concept.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$143 USD /SF

# OF ROOMS

60

PRICE/ROOM

$49,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Radley - 62 Rooms Across from Texas A&M

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,342 SF

ZONING

-

APN/PARCEL ID

41722

ASK ABOUT THIS PROPERTY

Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

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Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.