Two-Story Hotel with RV
145 FM468 Cotulla, TX 78014
145 FM468, Cotulla, TX, 78014
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For Sale
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Pending
60-room, two-story interior-corridor hotel with outdoor pool and RV parking on 4.22 acres.
Lot Size4.22 Acres
Days on Market103
Property Features for 145 FM468
General Information
- Standard status
- Pending
- Lot size
- 4.22 Acres
- Property subtype
- Hospitality
Listing agency
HVS
Listed by
Matt Omansky · License #TX 667904
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 7:54PM Checked: Jul 22 at 4:00AM
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Investment Insights
Based on property information with market context.
The Whitten Inn Cotulla and RV Park is a 60-room, interior-corridor, two-story hotel property constructed in 2009, spanning 4.22 acres. Common area amenities include an outdoor pool, breakfast area, fitness center, meeting space, business center, and RV parking.
Located at 145 W FM 468 in Cotulla, Texas, the property is just off Interstate 35. Cotulla Independent School District is approximately 1.9 miles away and the Cotulla-La Salle County Airport is approximately 3.8 miles away. The asset is also reported to be less than 5 miles from Chesapeake Energy.
For the trailing twelve-month period ending in December 2022, the hotel recorded room revenues of over $1.4 million and net operating income of $753 thousand, representing 48.4% of gross revenues after a four percent capital replacement reserve.
Located at 145 W FM 468 in Cotulla, Texas, the property is just off Interstate 35. Cotulla Independent School District is approximately 1.9 miles away and the Cotulla-La Salle County Airport is approximately 3.8 miles away. The asset is also reported to be less than 5 miles from Chesapeake Energy.
For the trailing twelve-month period ending in December 2022, the hotel recorded room revenues of over $1.4 million and net operating income of $753 thousand, representing 48.4% of gross revenues after a four percent capital replacement reserve.
Key Highlights
- 60‑room, two‑story interior‑corridor hotel constructed in 2009 on 4.22 acres at 145 W FM 468 in Cotulla, TX
- Offered at $3,200,000 ($53,333 per key)
- On‑site amenities include an outdoor pool, breakfast area, fitness center, meeting space, business center, and RV parking
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Whitten Inn Cotulla ...
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FAQs
What type of property is this?
Hotel - 60-room, two-story interior-corridor hotel with outdoor pool and RV parking on 4.22 acres.
Where is this hotel located?
The property is located at 145 FM468 Cotulla, TX.
What are key features of this property?
This property features: 60‑room, two‑story interior‑corridor hotel constructed in 2009 on 4.22 acres at 145 W FM 468 in Cotulla, TX; Offered at $3,200,000 ($53,333 per key); On‑site amenities include an outdoor pool, breakfast area, fitness center, meeting space, business center, and RV parking