310 E I 10 Frontage Rd | Flatonia, TX 78941
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- LoopNet Team
310 E I 10 Frontage Rd
Flatonia, TX 78941
Best Western Plus Flatonia Inn · Hospitality Property For Sale · 35,367 SF
Investment Highlights
- Fee-Simple Interest in the 51-Room, 3-Story, BW-Branded Hotel Built in 2015
- Perfect for Owner - Operator or First Time Buyer Provides Upside Potential in Revenue Growth, Expense Management, and Operational Efficiencies
- 8.2% Cap Rate on 2022 Actuals, Priced at $100,000/Room
- Easily Accessible and Highly Visible from Interstate 1-10
- Based on 2022 Revenue Figures and Annualized Expenses, the Hotel is Currently Operating Slightly Above 38% Profit Margin or a $420,506 NOI
- March 2023 T-12 Revenue of $1,189,684 Represents a 21% YoY Increased from 2022 Revenue
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2015 |
| Building Class | B | Parking Ratio | 1.64/1,000 SF |
| Lot Size | 2.65 AC | Corridor | Interior |
| Building Size | 35,367 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.65 AC |
| Building Size | 35,367 SF |
| No. Stories | 3 |
| Year Built | 2015 |
| Parking Ratio | 1.64/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
zoning
| Zoning Code | CI (a zoning district for intense commercial services and some light manufacturing) |
| CI (a zoning district for intense commercial services and some light manufacturing) |
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