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Hotel Dilley Grand 110 S Main

20 Room Hotel Dilley, TX 78017 £862,851 (£43,143/Room) 12.83% Net Initial Yield

Investment Highlights

  • Historic hotel
  • Located right off 35 highway
  • Recently renovated
  • Boutique hotel with over 80% occupancy

Executive Summary

Historic Hotel Dilley Grand, the original beloved hotel in Dilley TX, is now for sale. A frequent hideout of Bonnie and Clyde and now newly renovated and branded, the property boasts 19 thoughtfully designed guest rooms plus an owners' apartment. All rooms feature plush bedding, smart TV's, rain shower heads, powerful air conditioning, work desks, microwaves and mini-fridges. The property also boasts ample on-site parking with space for even 18-wheelers and RVs, a new high-speed wireless network, a new security camera system, and new exterior sign. The additional one-bedroom apartment offers potential for owner-occupied living or additional rental income. All furnishing will convey along with the hoteldilley.com website and active Facebook page and following. This is a turnkey opportunity for the hospitality investor looking for a property with classic charm and modern operations.

Data Room Click Here to Access

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £862,851
Price Per Room £43,143
Sale Type Investment
Net Initial Yield 12.83%
Sale Conditions Development Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.59 AC
Building Size 11,140 SF
No. Rooms 20
Number of Floors 2
Year Built/Renovated 1997/2024
Parking Ratio 1.89/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Boutique/Lifestyle Hotel
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 20 £56.48 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00010-00018-00200-000000
Land Assessment
£26,560
Improvements Assessment
£621,606
Total Assessment
£648,166
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code Hotel (Commercially zoned for hotel. Current certificate of occupancy issued by City.)
Hotel (Commercially zoned for hotel. Current certificate of occupancy issued by City.)
  • Listing ID: 32596696

  • Date on Market: 26/07/2024

  • Last Updated:

  • Address: 110 S Main, Dilley, TX 78017

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