7603 N Navarro St - Hospitality FOR SALE
Victoria, TX 77904 |
$3,900,000 USD
7603 N Navarro St
Victoria, TX 77904
HIGHLIGHTS
- Strategic US 77 Location: Positioned on high-traffic N. Navarro Street, offering seamless connectivity to Houston, San Antonio & Corpus Christi
- Attractive Pricing Below Replacement Cost: Offered at $4.4 million ($33,588 per room), significantly below the cost to build new
- Recent renovations amounting to $800,0000
- Features two separate manager’s apartments, facilitating onsite management and reducing operational costs, ideal for hands-on investors.
- Proven Financial Performance: Delivered $318,112 NOI in 2024, with room revenue growing to $1.39M, reflecting strong operational momentum and upside
- Benefits from Victoria’s diverse economy, driven by major employers like Formosa Plastics, Citizens Medical Center, and Caterpillar
FOR SALE DETAILS
PRICE
$3,900,000 USD
PRICE/SF
$80 USD /SF
# OF ROOMS
130
PRICE/ROOM
$30,000 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
La Quinta Inn by Wyndham Victoria
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1984
PARKING SPACES
167
LAND DETAILS
LAND ACRES
2.34 AC
LAND SF
101,930 SF
ZONING
C-2
APN/PARCEL ID
39430-001-00201
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