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    110 Bmt Dr Jourdanton, TX 78026

    For Sale
    $6,800,000

    Profitable Texas Hotel, 63 Keys

    Property size:
    34,545 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 63-key La Quinta Inn & Suites by Wyndham presents a compelling investment opportunity. Located in Jourdanton, Texas, just off State Highway 97 and 40 miles from San Antonio, this three-story hotel boasts 34,545 square feet on a 1.59-acre lot. Built in 2013 and extensively renovated in 2023, the property features updated amenities including new vanities, mirrors, lighting, and 50-inch smart TVs in all rooms. Exterior renovations are 100% complete. The hotel enjoys an 85% occupancy rate as of July 31, 2024, and benefits from its strategic location near the Eagle Ford Shale formation, promising future growth. Ample parking is available for guests and staff. This fee-simple property is offered at $6,800,000 and is suitable for a 1031 exchange. The property's strong performance, recent renovations, and prime location make it an ideal acquisition for owner-operators or first-time buyers seeking a value-add opportunity with significant revenue growth potential. The Wyndham franchise provides strong brand recognition and operational support. This is the top-performing La Quinta in its region.

    Property Features for 110 Bmt Dr

    General Information

    Property type
    Motels
    Square Feet
    34,545 SF
    Lot Size
    69,260 SF

    Building Details

    Year Built/Renovated
    2013/2023
    Stories
    3

    HighLights

    • Owner‑operator or first‑time buyer opportunity with high revenue potential.
    • Significant value‑add potential through improved revenue management.
    • Recently completed (2023) property improvements including exterior upgrades, bathroom renovations, and smart TVs.
    • Excellent location near the Eagle Ford Shale, benefiting from projected workforce and population growth.
    • Wyndham franchise affiliation offers brand recognition and operational support.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Quinta Inn ... Hotel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jourdanton
    County
    Atascosa
    State
    Texas
    Longitude
    -98.532334570807
    Latitude
    28.926276298893

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    FAQs

    What type of property is this?
    Motel - Profitable Texas Hotel, 63 Keys
    Where is this motel located?
    The property is located at 110 Bmt Dr Jourdanton, TX.
    What is the asking price?
    The asking price for this property is $6,800,000.
    What are key features of this property?
    This property features: Owner-operator or first-time buyer opportunity with high revenue potential.; Significant value-add potential through improved revenue management.; Recently completed (2023) property improvements including exterior upgrades, bathroom renovations, and smart TVs.
    Request Owner's contact information
    110 Bmt Dr Jourdanton, TX 78026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Bmt Dr Jourdanton, TX 78026
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