110 Bmt Dr Jourdanton, TX 78026
- Commercial real estate
- 34,545 SF
- 1.59 lot acres
Current Use by Public Records
- La Quinta Inn & Suites by Wyndham Jourdanton - Pleasanton / Motel / Hotel
Property Details for 110 Bmt Dr
- Year built
- 2012
- Lot size
- 1.59 lot acres
- Property size
- 34,545 SF
- Property type
- Commercial real estate
- APN
- R182936
- APU
- R182936
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jourdanton
- County
- Atascosa
- State
- Texas
- Longitude
- -98.5325
- Latitude
- 28.9257
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA