910 State Highway 35 N - Hospitality FOR SALE


Port Lavaca, TX 77979
$7,500,000 USD
661-978-3109
910 State Highway 35 N, Port Lavaca, TX for Sale
$7,500,000 USD
Hospitality - FOR SALE
1/25
null | 8.32% Cap Rate

910 State Highway 35 N
Port Lavaca, TX 77979


HIGHLIGHTS

  • • Perfect owner-operator opportunity at a Coastal location
  • • Limited Competition – Avg ADR $115
  • • Strong long-term market upside with the ongoing industrial growth
  • • 10 Billion ExxonMobil Project underway to area

OVERVIEW

• Strategically located between Houston, Corpus Christi, and San Antonio (roughly 2 hours from each), offering access to major urban centers while enjoying a lower cost of living.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$214 USD /SF

# OF ROOMS

57

PRICE/ROOM

$131,579 {currency}

CAP RATE

8.32%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns & Suites Port Lavaca

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.34 AC

LAND SF

145,490 SF

ZONING

N/A

APN/PARCEL ID

29853

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.