5618 7th St - Hospitality FOR SALE


Bay City, TX 77414
$5,900,000 USD
714-242-8304
5618 7th St, Bay City, TX for Sale
$5,900,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

5618 7th St
Bay City, TX 77414


OVERVIEW

Investment Highlights -YTD Revenue UP 54.7% and T-12 Feb 2025 Revenue UP 7.5%. -Holiday Inn Express priced at an 11% Cap Rate, 3.23x Room Revenue Multiplier, and under $80,000/Room. -Flagged, 74-unit, interior corridor, IHG Branded, Holiday Inn Express property located off Highway 35 and near Highway 60 ensuring strong drive by traffic and accessibility. -Strategically positioned in Bay City, TX, a key hub for oil, gas, petrochemical, and agricultural industries. -The Holiday Inn Express is near major energy companies, refineries, and Tenaris Bay City (a $1.8B steel pipe plant) which contributes to consistent corporate travel demand. -Growing industrial and infrastructure development benefits from Bay City’s expanding industrial sector which helps to drive extended stay and weekday occupancy. -With easy access to the Matagorda County coastline, the expansive 1200-acre Matagorda Birding Nature Center, and Sargent Beach, the Holiday Inn Express Bay City attracts leisure travelers and sports enthusiasts.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$182 USD /SF

# OF ROOMS

74

PRICE/ROOM

$79,730 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Bay City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2015

PARKING SPACES

66

LAND DETAILS

LAND ACRES

2.58 AC

LAND SF

112,311 SF

ZONING

CH

APN/PARCEL ID

20183

ASK ABOUT THIS PROPERTY

Sid TewariT&S Hotel AdvisorsMore Info
714-242-8304

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

Sid TewariT&S Hotel AdvisorsMore Info
714-242-8304

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