711 Main St - Hospitality FOR SALE


Bandera, TX 78003
$5,900,000 USD
661-978-3109
711 Main St, Bandera, TX for Sale
$5,900,000 USD
Hospitality - FOR SALE
1/26
null | 9.69% Cap Rate

711 Main St
Bandera, TX 78003


HIGHLIGHTS

  • Modern Select-Service Asset – Built in 2020 to Best Western’s current brand standards.
  • Strong In-Place Performance – NOI margins exceeding 34% with stable topline revenue.
  • Minimal Capital Needs – Low PIP requirements ensure uninterrupted operations.
  • Delivered Free & Clear – No management or franchise encumbrances at sale.
  • Prime Hill Country Location – High foot traffic area in a top-tier Texas tourism market.

OVERVIEW

Hotel Brokers of America is pleased to present the Best Western Bandera Suites & Saloon, a 46-key, select-service asset located in the heart of Bandera, Texas — the “Cowboy Capital of the World.” Built in 2020, this High-quality property benefits from strong in-place cash flow, minimal PIP requirements, and a premium brand affiliation. Positioned directly on Main Street with high visibility, the hotel is within walking distance of restaurants, shops, and entertainment venues, attracting steady leisure demand. This 46 Room Hotel is currently managed by a Management company, under various City Agreements that will be eliminated upon Sale, dramatically increasing profitability with owner-managed operations. Nitigna Naik Texas Broker of Record: P: 661.978.3109 E: Deals@HBofAmerica.com TX DRE #735690

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$179 USD /SF

# OF ROOMS

46

PRICE/ROOM

$128,261 {currency}

CAP RATE

9.69%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Bandera Suites & Saloon

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,437 SF

ZONING

B1

APN/PARCEL ID

186954

ASK ABOUT THIS PROPERTY

Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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