925 Highway 332 - Hospitality FOR SALE


Lake Jackson, TX 77566
$3,250,000 USD
832-607-1579
925 Highway 332, Lake Jackson, TX for Sale
$3,250,000 USD
Hospitality - FOR SALE
1/22
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925 Highway 332
Lake Jackson, TX 77566


OVERVIEW

The hotel was Built in 1979.Property Has 132 Rooms. Additional upside for an Owner/Operator to Renovate and Incorporate Marketing team for Revenue Management Strategy and cost reducing initiatives at the property level. Market the property to various Companies for their Employees Comfortable Stay . Property In Houston Submarket and Near DOW Factory and Also Near Beach . Property Probably Good for repurpose Due to price per Room And has All the Amenities Needed for repurpose . Property Has Restaurant and Bar But not in Operation Currently . Property has Meeting room.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$81 USD /SF

# OF ROOMS

132

PRICE/ROOM

$24,621 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarion Pointe Lake Jackson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

142

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

C-1

APN/PARCEL ID

2115-0108-000

ASK ABOUT THIS PROPERTY

Amit MehtaAmit Mehta IncMore Info
832-607-1579

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Amit MehtaAmit Mehta IncMore Info
832-607-1579

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