7603 N Navarro St - Hospitality FOR SALE
Victoria, TX 77904 |
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
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
La Quinta Inn by Wyndham Victoria
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
48692
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1984
PARKING SPACES
167
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
39430-001-00201
