Profitable Wingate by Wyndham
For Sale
Contact for pricing
615 City Ctr Wy, Longview, TX 75605
67-room hotel in excellent condition with corporate lodging contract.
Property Size41,808 SF
Price / SF$147.10
Days on Market187
Property Features for 615 City Ctr Wy
General Information
Standard status
Active
Size
41,808 SF
Property subtype
Hospitality
Occupancy
97%
Net Operating Income
$662,747
Building Details
Buildings
1
Stories
3
Listing Agency:
Hotel Brokers Of America
Listed By:
Anisha Naik · License #0833017
Source:
Crexi
Added: Feb 17
Changed: Aug 10
Last Checked: Aug 22 at 7:16PM
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 Hotel Brokers Of America
Investment Insights
Based on property information with market context.
The Wingate by Wyndham Longview is a 67-room, limited-service hotel located in North Longview's commercial corridor along Loop 281, providing access to U.S. Highway 80 and Interstate 20. The property is positioned to connect Dallas–Fort Worth to Shreveport and the Southeast. The hotel is in excellent condition with minimal Property Improvement Plan requirements. A corporate lodging contract with Union Pacific, secured through 2027 and renegotiated every three years, provides recurring business and occupancy support. The seller is willing to manage the hotel for the buyer to maintain stable, long-term profitability.
Key Highlights
- High cash‑flow asset with seller willing to manage for stable profitability
- Long‑standing corporate lodging contract with Union Pacific guaranteed through 2027
- Priced to sell at 3.7X revenue, 9.39% cap rate, and $97k/room (below replacement cost)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,271
Businesses Nearby
Explore this area
Business Placement
Demographics for 75605, TX
32,909
Population
16,425
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
80.3 sq mi
ZIP Area
410
Density / Sq Mi
$75,665
Median Household Income
$48,040
Median Earnings
$1,186
Median Rent
$238,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 67-room hotel in excellent condition with corporate lodging contract.
Where is this hotel located?
The property is located at 615 City Ctr Wy Longview, TX.
What is the asking price?
The asking price for this property is $6,150,000.
What are key features of this property?
This property features: High cash‑flow asset with seller willing to manage for stable profitability; Long‑standing corporate lodging contract with Union Pacific guaranteed through 2027; Priced to sell at 3.7X revenue, 9.39% cap rate, and $97k/room (below replacement cost)
