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Limited-Service Hotel Off Highway 183
For Sale
Contact for pricing
Pending

2138 Water Street, Gonzales, TX 78629

Limited-service Sleep Inn & Suites operates as a 48-room hotel with common-area meeting space and an outdoor pool.

Days on Market113

Property Features for 2138 Water Street

General Information

Standard status Pending
Property subtype Hospitality

Additional Details

Business Included Yes
Road Access Yes

Amenities

meeting room
business center
outdoor pool
Listing Agency: Marcus & Millichap - Austin
Listed By: Allan Miller · License #TX 534967
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 30 at 7:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Austin

Investment Insights

Based on property information with market context.

Sleep Inn & Suites is a limited-service hotel offering 48 guest rooms. Common area amenities include a meeting room and business center, along with an outdoor pool. Guest rooms are described as having a microwave, micro-fridge, 32-inch LCD television, and a large workstation.

The property is located directly off State Highway 183 at 2138 Water Street in Gonzales, Texas.

As reported in the offering materials, the hotel generated $497,936 gross revenue TTM as of September 2017, representing a year-over-year increase of over 15%. The asset is offered for sale on a request for offers basis, with tours scheduled through the agent.

Key Highlights

  • 48‑room Sleep Inn & Suites in Gonzales, TX, located directly off State Highway 183
  • TTM September 2017 gross revenue of $497,936 with year‑over‑year growth of over 15%
  • Common‑area amenities include a meeting room and business center

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Nail Salon Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

Demographics for 78629, TX

12,046
Population
5,335
Households
2.3
Avg Household Size
40
Median Age
12%
College-Educated
74%
High-School Grad
421.6 sq mi
ZIP Area
29
Density / Sq Mi
$65,638
Median Household Income
$39,769
Median Earnings
$812
Median Rent
$193,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Limited-service Sleep Inn & Suites operates as a 48-room hotel with common-area meeting space and an outdoor pool.
Where is this hotel located?
The property is located at 2138 Water Street Gonzales, TX.
What are key features of this property?
This property features: 48‑room Sleep Inn & Suites in Gonzales, TX, located directly off State Highway 183; TTM September 2017 gross revenue of $497,936 with year‑over‑year growth of over 15%; Common‑area amenities include a meeting room and business center
More about this property
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