La Quinta Inn by Wyndham College Station | 607 Texas Avenue
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La Quinta Inn by Wyndham College Station 607 Texas Avenue
176 Room Hotel College Station, TX 77840 For Sale
Investment Highlights
- Located just off University Avenue on Texas Avenue, the property is within walking distance of Texas A&M University.
- Even with renovations, property will be well below replacement cost.
- College Station is in the heart of the Texas Triangle, an expansive urban mega-region encompassing the state’s five largest cities.
- Best Western Executive Residency is also available as well as other brands. Ask Broker or Best Western for details on key money and incentives.
- The hotel is significantly underperforming nearby properties.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the La Quinta Inn in College Station, Texas. Located just off University Avenue on Texas Avenue, the hotel is within walking distance of Texas A&M University and provides convenient access to The Quad, Kyle Field, A&M Bonfire Memorial, and A&M’s Campus Golf Course. This prime location allows the hotel to receive business from a diverse population of both transient and leisure segments.
Property Facts Under Contract
| Sale Type | Investment | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2011 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 3.18/1,000 SF |
| Lot Size | 2.92 AC | Corridor | Exterior |
| Building Size | 63,873 SF | Opportunity Zone |
Yes
|
| No. Rooms | 176 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.92 AC |
| Building Size | 63,873 SF |
| No. Rooms | 176 |
| Number of Floors | 2 |
| Year Built/Renovated | 1980/2011 |
| Tenancy | Single |
| Parking Ratio | 3.18/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- Business Centre
- Pool
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | £84.60 | - |
| Guest Room | 174 | £53.26 | - |
Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,844,899 | |
| Land Assessment | £1,016,789 | Total Assessment | £2,861,688 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,016,789
Improvements Assessment
£1,844,899
Total Assessment
£2,861,688
zoning
| Zoning Code | GC (General Commercial) |
| GC (General Commercial) |
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La Quinta Inn by Wyndham College Station | 607 Texas Avenue
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