555 N Johnson St - Hospitality FOR SALE
Alice, TX 78332 |
555 N Johnson St
Alice, TX 78332
HIGHLIGHTS
- DISTRESSED DEAL, BANK-OWNED PROPERTY - SOLD ON AN AS-IS WHERE-IS BASIS
- Two-story, 98-room, Interior-Corridor Hotel
- Expected to Trade Below Replacement Cost
- Major Oil Companies in Alice Include Schlumberger, Baker Hughes, Inc., Weatherford International, and Grey Wolf Drilling Company
- Value-Add Opportunity for New Operator to Increase RevPAR through Tactical Revenue Management Strategies
- Includes Two-Bedroom and Full Kitchen Manager’s Living Quarters
OVERVIEW
The Days Inn Alice is a 98-room, two-story Hotel stationed at 555 North Johnson Street. This Hotel features an outdoor pool, meeting space, ?tness room, and guest laundry facilities. Spacious guest rooms offer a ?at-screen television, a work desk, microwave, and mini-refrigerator. The Property includes a two-bedroom and full kitchen manager’s suite.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Quality Inn Alice
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
26988
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1978
PARKING SPACES
144
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
F1
APN/PARCEL ID
11725-001-000-00
