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This Hospitality Property is no longer advertised on LoopNet.ca.

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
Property Subtype
Hotel
  • Hospitality Hotel
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

PROPERTY TAXES

Parcel Number
10056-0169-32
Land Assessment
$281,581
Improvements Assessment
$7,348,436
Total Assessment
$7,630,017
  • Listing ID: 19211181

  • Date on Market: 2020-04-13

  • Last Updated:

  • Address: 402 Highway 59 Loop S, Livingston, TX 77351

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