3103 US Highway 59 N - Hospitality FOR SALE
Victoria, TX 77905 |
3103 US Highway 59 N
Victoria, TX 77905
HIGHLIGHTS
- The asset is priced below replacement cost, at $62,745 per room, presenting a cost-effective investment opportunity.
- The property contains a three-bedroom, three-bathroom manager’s apartment.
- The hotel’s rooms revenue for the TTM period ending in Sept 2025 equated to $739,000—the highest performance since reopening as a Super 8 in late 2022
- Per the August 2025 TTM STR data, the hotel’s occupied room nights (demand capture) increased 14.5%.
- Ownership invested $1,000,000 to complete a comprehensive renovation of the property, reopening it in late 2022 after a full rebuild.
- In consideration of the renovation, a minor change-of-ownership property improvement plan (PIP) would be expected to retain the franchise affiliation.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Super 8 by Wyndham Victoria / South / Hwy 59
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
22749
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
2000
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
commercial
APN/PARCEL ID
52716-001-00100
