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Americas Best Value Inn Somerville 18018 State Highway 36 S

50 Room Hotel Somerville, TX 77879 £2,741,550 (£54,831/Room)

Investment Highlights

  • Exciting News! Discover 11 RV Hookup Sites at Americas Best Value Inn in Somerville.
  • Recently Renovated with Minimal PIP to New Buyer.
  • Minimal Competition.
  • 2001 Built.
  • Prime Location.
  • 22 Rooms recently remodeled and new carpet in all 50 Rooms.

Executive Summary

The 50-key count is considered an ideal size for an experienced owner/operator. With a stay at Americas Best Value Inn Somerville in Somerville, you'll be 1.8 mi from Somerville Lake and 16.2 mi from Blue Bell Creameries. This hotel is 22.6 mi from Texas A&M University - College Station and 25.3 mi from Reed Arena. The seller has recently completed all exterior painting as per Americas Best Value Inn & Suites requirements and all guest rooms have been recently paint.

Attachments

Bryan - College Station-Hospitality-Submarket-2024-01-01
Americas Best Value Inn - Demographics
Flyer_Americas Best Value Inn

Data Room Click Here to Access

  • Operating and Financials

Property Facts

Price £2,741,550 Building Size 48,646 SF
Price Per Room £54,831 No. Rooms 50
Sale Type Investment Number of Floors 2
Property Type Hospitality Year Built 2000
Property Subtype
Hotel
Parking Ratio 1.19/1,000 SF
Building Class C Corridor Interior
Lot Size 3.00 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £2,741,550
Price Per Room £54,831
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 3.00 AC
Building Size 48,646 SF
No. Rooms 50
Number of Floors 2
Year Built 2000
Parking Ratio 1.19/1,000 SF
Corridor Interior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Business Centre
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 50 £91.65 -
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PROPERTY TAXES

Parcel Number 36841 Improvements Assessment £397,828
Land Assessment £152,379 Total Assessment £550,207

PROPERTY TAXES

Parcel Number
36841
Land Assessment
£152,379
Improvements Assessment
£397,828
Total Assessment
£550,207

zoning

Zoning Code CM (Commercial)
CM (Commercial)
(832) 541-7545

Contact

  • Listing ID: 30489041

  • Date on Market: 30/12/2023

  • Last Updated:

  • Address: 18018 State Highway 36 S, Somerville, TX 77879

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© 2024 CoStar Group

Americas Best Value Inn Somerville | 18018 State Highway 36 S
(832) 541-7545 x

Americas Best Value Inn Somerville | 18018 State Highway 36 S

Rickey Chavez

(832) 541-7545

(832) 541-7545

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