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Hotel-Motel

Texan Inn and Suites

3084 TX-16, Tilden, TX 78072

Listing Price: $1,425,000

Cap Rate
6.64%
Number of Rooms
44
RevPAR
$26
Gross SF
87,120
Price/Room
$32,386
RRM
3.37
Price/Gross SF
$16.36
Year Built
2014

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Group is pleased to present for sale to qualified investors the Texan Inn & Suites Tilden. This Independent Hotel is offered at $1,600,000 or $36,364 per key and sits on two acres in Tilden, Texas.

This 44-room Hotel represents the opportunity to acquire the fee simple interest in an asset located in a central Oil and Gas submarket near the second-largest city in the state, San Antonio, Texas. The Hotel is located approximately one hour south of San Antonio along highway 16.

The Property is located in Eagle Ford Shale, a 50 miles wide and 400 miles long geographic area in Texas flush with a large amount of oil and natural gas. Oil and Gas companies like Valero Three Rivers Refiner, Noble Energy, Chesapeake Energy, EOG Resources, and SEI Oilfield Services will create increased demand for lodging assets in the region. This Property is positioned to capitalize on Oil and Gas contractual business in the area.

The Hotel features a two-bedroom and two-bath owner's apartment, making it ideal for an owner-operator. The Property is unencumbered by management or debt, providing complete operational flexibility to a new investor. Industry-standard adjustments to expenses include provisions for a four percent capital replacement reserve.

Investment Highlights

  • 44-Room, Exterior Corridor, Independent Hotel
  • Priced Below Replace Cost at $32,386 Per Key
  • On-site 2 Bedroom / 2 Bathroom Owners Apartment
  • Only Hotel in the City Nearest Hotel is Over 20 Miles Away
  • 1 Hour South of San Antonio, the Second Largest City in Texas

Exclusively Listed By

Hotel-Motel

Texan Inn and Suites

Listing Price: $1,425,000

Cap Rate
6.64%
Number of Rooms
44
RevPAR
$26
Gross SF
87,120
Price/Room
$32,386
RRM
3.37
Price/Gross SF
$16.36
Year Built
2014

Investment Highlights

  • 44-Room, Exterior Corridor, Independent Hotel
  • Priced Below Replace Cost at $32,386 Per Key
  • On-site 2 Bedroom / 2 Bathroom Owners Apartment
  • Only Hotel in the City Nearest Hotel is Over 20 Miles Away
  • 1 Hour South of San Antonio, the Second Largest City in Texas

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Group is pleased to present for sale to qualified investors the Texan Inn & Suites Tilden. This Independent Hotel is offered at $1,600,000 or $36,364 per key and sits on two acres in Tilden, Texas.

This 44-room Hotel represents the opportunity to acquire the fee simple interest in an asset located in a central Oil and Gas submarket near the second-largest city in the state, San Antonio, Texas. The Hotel is located approximately one hour south of San Antonio along highway 16.

The Property is located in Eagle Ford Shale, a 50 miles wide and 400 miles long geographic area in Texas flush with a large amount of oil and natural gas. Oil and Gas companies like Valero Three Rivers Refiner, Noble Energy, Chesapeake Energy, EOG Resources, and SEI Oilfield Services will create increased demand for lodging assets in the region. This Property is positioned to capitalize on Oil and Gas contractual business in the area.

The Hotel features a two-bedroom and two-bath owner's apartment, making it ideal for an owner-operator. The Property is unencumbered by management or debt, providing complete operational flexibility to a new investor. Industry-standard adjustments to expenses include provisions for a four percent capital replacement reserve.

Exclusively Listed By

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