2307 Loop 306 - Hospitality FOR SALE


San Angelo, TX 76904
$4,500,000 USD
805-557-8857
2307 Loop 306, San Angelo, TX for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

2307 Loop 306
San Angelo, TX 76904


HIGHLIGHTS

  • 173 units, two-story, interior corridor
  • Conference center with meeting space
  • Upper midscale Wyndham hotel
  • Large lot at over 5 acres
  • Offered at $26,011/key

OVERVIEW

Andrew Post and The Bowman Post Group are pleased to present for sale the La Quinta by Wyndham in San Angelo, Texas. This offering presents an attractive investment opportunity due to its robust property fundamentals and strategic location. With 173 rooms and a large, 5-acre lot, the hotel offers significant potential for both immediate revenue and long-term value appreciation. The inclusion of a conference center and meeting space for up to 300 attendees diversifies the income stream beyond traditional room rentals, catering to the profitable corporate and events markets. This brand-affiliated upper midscale hotel is well-positioned to benefit from the Wyndham network's reservation systems and marketing support, ensuring a strong foundation for operational success. The extensive land parcel is a key asset, providing not only ample space for current operations but also the flexibility for future expansion or alternative development, thereby hedging against market changes.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$41 USD /SF

# OF ROOMS

173

PRICE/ROOM

$26,012 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inn by Wyndham and Conference

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1974

PARKING SPACES

299

LAND DETAILS

LAND ACRES

5.05 AC

LAND SF

219,978 SF

ZONING

Commercial

APN/PARCEL ID

24-44600-0000-005-00

ASK ABOUT THIS PROPERTY

Andrew PostNewGen AdvisoryMore Info
805-557-8857

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Andrew PostNewGen AdvisoryMore Info
805-557-8857

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