1309 W Broadway St - Hospitality FOR SALE
Van Horn, TX 79855 |
$1,150,000 USD
253-590-7559
1309 W Broadway St
Van Horn, TX 79855
HIGHLIGHTS
- situate in Van Horn Texas, a growing stopover destination for travelers heading to popular locations like Big Bend National Park & Guadalupe Mountains
- Located off Interstate 10, the hotel attracts a steady flow of road trip traffic, with high visibility and easy access for guests.
- A key location for tourists, business travelers, and truckers, offering high potential for year-round occupancy.
- With manageable size and scope, it provides a hands-on approach to business management, ideal for an individual or family-run operation.
- Current renovations are underway to upgrade key areas, including guest rooms, and lobby.
- Enhancements will elevate the guest experience, leading to increased customer satisfaction and the ability to command higher nightly rates.
FOR SALE DETAILS
PRICE
$1,150,000 USD
PRICE/SF
$32 USD /SF
# OF ROOMS
33
PRICE/ROOM
$34,848 {currency}
CAP RATE
14.94%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Knights Inn Van Horn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1969
PARKING SPACES
38
LAND DETAILS
LAND ACRES
1.43 AC
LAND SF
62,291 SF
ZONING
N/A
APN/PARCEL ID
001100011000000000000
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253-590-7559
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253-590-7559
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