120 S Main St - Hospitality FOR SALE


Jewett, TX 75846
$4,800,000 USD
713-557-2422
120 S Main St, Jewett, TX for Sale
$4,800,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

120 S Main St
Jewett, TX 75846


OVERVIEW

? THREE-YEAR NOI GROWTH STORY Net operating income grew from $26,941 in FY2023 to $554,509 in FY2025 — a margin expansion from 2.3% to 32.6% — as room revenue rose 51% and ownership phased down third-party management fees. ? NEWER, LOWER-CAPEX CONSTRUCTION Built in 2015, the Hotel is materially newer than most competing economy assets in the surrounding market, many of which date to the 1990s, pointing to a lighter near-term capital plan. ? I-45 / US-79 CORRIDOR LOCATION Positioned with direct US-79 frontage and immediate I-45 access roughly midway between Houston and Dallas, capturing both interstate thru-traffic and local commercial demand. ? DIVERSIFIED INDUSTRIAL DEMAND BASE Nucor Steel Texas, NRG’s regional power generation assets, and area cement/ materials operations anchor steady contractor and workforce lodging demand that is largely insulated from leisure seasonality. ? LEADING GUEST REPUTATION A 9.0-out-of-10 “Wonderful” guest rating across 300+ reviews places the Hotel ahead of every hotel in its immediate competitive set, supporting rate integrity and repeat, loyalty-driven bookings.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$88 USD /SF

# OF ROOMS

62

PRICE/ROOM

$77,419 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Jewett

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,624 SF

ZONING

C

APN/PARCEL ID

05500-10700-00000-000000

ASK ABOUT THIS PROPERTY

Bina DhanjiAmin RealtyMore Info
713-557-2422

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Bina DhanjiAmin RealtyMore Info
713-557-2422

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