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HOLIDAY INN EXPRESS & SUITES 126 Middle Buster

62 Room Hotel Gonzales, TX 78629 $9,060,186 CAD ($146,132 CAD/Room)

Investment Highlights

  • Located in Gonzales, a growing hub in Texas known for its rich history and proximity to major cities like San Antonio and Austin.
  • Potential for additional revenue through partnerships with local businesses for corporate events and group bookings.
  • Updated guest rooms and common areas, contributing to improved occupancy rates and higher average daily rates (ADR).
  • Near to key attractions, including historical sites, parks, and local businesses, driving both leisure and corporate travel.
  • Newly renovated facilities in 2022 featuring modern amenities, enhancing guest experience and attracting more clientele.
  • Part of the IHG family, known for its commitment to quality and service.

Executive Summary

Broker of Record
Kyle Matthews
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Price $9,060,186 CAD
Price Per Room $146,132 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.54 AC
Building Size 37,712 SF
No. Rooms 62
No. Stories 3
Year Built/Renovated 2012/2020
Parking Ratio 1.48/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 16 $209.30 CAD -
Guest Room 46 $195.25 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23860
Land Assessment
$230,816 CAD
Improvements Assessment
$3,472,740 CAD
Total Assessment
$3,703,556 CAD

zoning

Zoning Code Real commercial
Real commercial
  • Listing ID: 33479622

  • Date on Market: 2024-10-10

  • Last Updated:

  • Address: 126 Middle Buster, Gonzales, TX 78629

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