402 Highway 59 Loop S | Livingston, TX 77351
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- LoopNet Team
402 Highway 59 Loop S
Livingston, TX 77351
La Quinta Inns & Suites Livingston · Hospitality Property For Sale · 10,967 SF
Investment Highlights
- Huge operational upside for new hands-on operator/manager, regional investor, or hotel ownership company with the potential for major revenue growth.
- Recently renovated with approximately $272k in capital improvements making any brand-required renovation/PIP limited in scope and expenses.
- Exceptionally performing hotel through COVID which is an indicator of future exponential growth as the hospitality industry recovers.
- Eligible for “LQUp Incentive Program” which gives a $2,000 per room incentive, offering investors an opportunity to take advantage of Wyndham funding.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 10,967 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | C | Year Built/Renovated | 2009/2019 |
| Lot Size | 1.31 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 1.31 AC |
| Building Size | 10,967 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2019 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 10056-0169-32 | Improvements Assessment | $7,348,436 |
| Land Assessment | $281,581 | Total Assessment | $7,630,017 |
PROPERTY TAXES
Parcel Number
10056-0169-32
Land Assessment
$281,581
Improvements Assessment
$7,348,436
Total Assessment
$7,630,017
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