170 Medical Dr - Hospitality FOR SALE


Pearsall, TX 78061
$3,900,000 USD
210-849-2175
170 Medical Dr, Pearsall, TX for Sale
$3,900,000 USD
Hospitality - FOR SALE
1/16
null | 13.85% Cap Rate

170 Medical Dr
Pearsall, TX 78061


HIGHLIGHTS

  • Fee Simple Interest in 66-Unit, 4-Story, Limited-Service Hotel
  • $1.26M+ 2024 Revenue | 74.6% Occupancy
  • Priced at 3X Times 2024 Revenue
  • Built in 2012, updated in 2024 - Minimal PIP Requirements Expected for New Buyer
  • Owner Financing Possible for quick close
  • Ideal 1031 Exchange Opportunity for Owner-Operator or Investor.

OVERVIEW

Singh Commercial Group KW Commercial is pleased to present for sale the LaQuinta Inns & Suites located at 170 Medical Drive in Pearsall, Texas — a compelling value-add investment in the thriving Texas South market. This four-story, 66-unit hotel offers a rare opportunity for investors or owner-operators to acquire a well-positioned asset with significant upside potential. Located just off Interstate 35, the property enjoys excellent visibility and access to major retail, dining, and medical demand drivers.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$97 USD /SF

# OF ROOMS

66

PRICE/ROOM

$59,091 {currency}

CAP RATE

13.85%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns & Suites Pearsall

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2012

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

GC

APN/PARCEL ID

00123-00001-00300-000000,00123-00001-00400-000000

ASK ABOUT THIS PROPERTY

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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