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880 S Loop 35 Byp
Alvin, TX 77511

La Quinta Inns & Suites Alvin · Hospitality Property For Sale · 46,446 SF

Investment Highlights

  • Three-Story, 55-Room, Upper-Midscale Hotel within the Houston-Woodlands-Sugar Land MSA
  • Tactfully Located with Great Visibility off Loop 35 and Highway 6
  • Hotel is 31 Miles Away from the Port of Galveston Cruise Terminal with Carnival Cruises, Royal Caribbean Cruise Lines, Disney Cruises, and Norwegian
  • Over $628,000 of Property Renovations and Improvements Completed by Current Ownership – Minimal PIP Expected
  • Historically Proven Stable Hotel with Average Revenues from 2011-2021 of $1,105,312
  • Excellent Opportunity to Implement Strategic Expense Management and Operational Strategies to Increase Performance and Cash Flow

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.39 AC
Building Size 46,446 SF
No. Stories 3
Year Built/Renovated 2009/2019
Tenancy Single
Parking Ratio 1.51/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

About 880 S Loop 35 Byp , Alvin, TX 77511

The La Quinta Inn & Suites is a 55-room Hotel located at 880 S Loop 35 Bypass, just off the intersection of Highway 6 and Loop 35. The Property is approximately 46,440 square feet across three floors and has various amenities including a business center, laundry facilities, fitness center, outdoor pool, and 725 SF of meeting and event space. Current ownership has pridefully maintained the limited-service Hotel, investing over $628 thousand in Property improvements.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4180-0013-006
Land Assessment
$392,316
Improvements Assessment
$4,300,285
Total Assessment
$4,692,600
  • Listing ID: 25733138

  • Date on Market: 2022-05-18

  • Last Updated:

  • Address: 880 S Loop 35 Byp, Alvin, TX 77511

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