Super 8 by Wyndham
For Sale
Contact for pricing
142 Park Pl, Kenedy, TX 78119
Three-story branded lodging property with guest laundry, breakfast space, select-room kitchenettes, and parking for buses, trucks, and RVs.
Property SizeContact for details
Lot Size2.41 Acres
Days on Market142
Property Features for 142 Park Pl
General Information
Standard status
Active
Lot size
2.41 Acres
Property subtype
Hospitality
Net Operating Income
$66,000
Financials
Asking Price
$2,400,000
Gross Income
$693,000
Additional Details
Highway Access
Yes
Amenities
guest laundry facility
kitchenette (in select rooms)
breakfast area
Building Details
Year Built
2014
Buildings
1
Stories
3
Listing Agency:
Biel Partners
(972) 755-5302
Listed By:
Mitchell Presas · License #TX 708869
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 11:18PM
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 Biel Partners
Investment Insights
Based on property information with market context.
Super 8 by Wyndham Kenedy is a 61-room hotel completed in 2014 on a 2.41-acre parcel at 142 Park Place Boulevard in Kenedy, Texas. The three-story property includes a guest laundry facility, breakfast area, parking designed to accommodate buses, trucks, and RVs, and kitchenettes in select rooms. The hotel operates under the Super 8 by Wyndham brand.
The property is positioned off Highway 181, approximately 60 miles southeast of San Antonio. Kenedy is in Karnes County, where oil and gas, mining, construction, manufacturing, agriculture, and tourism contribute to the local economy. Burris Ranch Airport and Kenedy Regional Airport are nearby, supporting access for visitors and workers traveling to the area.
Operational performance included a 9.5 percent net operating income margin in 2021 after a 4 percent capital replacement reserve. Trailing twelve-month June 2022 RevPAR penetration was 111 percent.
The property is positioned off Highway 181, approximately 60 miles southeast of San Antonio. Kenedy is in Karnes County, where oil and gas, mining, construction, manufacturing, agriculture, and tourism contribute to the local economy. Burris Ranch Airport and Kenedy Regional Airport are nearby, supporting access for visitors and workers traveling to the area.
Operational performance included a 9.5 percent net operating income margin in 2021 after a 4 percent capital replacement reserve. Trailing twelve-month June 2022 RevPAR penetration was 111 percent.
Key Highlights
- 61‑room, three‑story hotel built in 2014
- 2.41‑acre property at 142 Park Place Boulevard in Kenedy, Texas
- Super 8 by Wyndham branded lodging asset
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 78119, TX
7,048
Population
2,375
Households
3
Avg Household Size
40
Median Age
10%
College-Educated
74%
High-School Grad
328.8 sq mi
ZIP Area
21
Density / Sq Mi
$45,694
Median Household Income
$31,063
Median Earnings
$1,043
Median Rent
$128,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Three-story branded lodging property with guest laundry, breakfast space, select-room kitchenettes, and parking for buses, trucks, and RVs.
Where is this hotel located?
The property is located at 142 Park Pl Kenedy, TX.
What are key features of this property?
This property features: 61‑room, three‑story hotel built in 2014; 2.41‑acre property at 142 Park Place Boulevard in Kenedy, Texas; Super 8 by Wyndham branded lodging asset
