2440 Gulf Fwy - Hospitality FOR SALE
Texas City, TX 77591 |
2440 Gulf Fwy
Texas City, TX 77591
HIGHLIGHTS
- Rapidly Increasing Revenue - Due to a recent management change, the hotel is on track to hit $1.7M by year end.
- Formula Blue PIP Completed - Minimal PIP expected for new owner, ask broker for details
- Two Additional Rooms - Seller converted an owners apartment into two additional rooms, not yet added to inventory
- Excellent Location - The hotel is located directly off Interstate Freeway 45, the main freeway connecting Downtown Houston and Galveston
- Increasing Demand - The area is home to the recently developed 12-acre Lago Mar, the largest crystal-clear lagoon in Texas
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express & Suites Texas City
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
48292
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2007
PARKING SPACES
73
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
None
APN/PARCEL ID
3321-0000-0002-000
