1601 Texas Ave Bryan, TX 77802-1018

Property Details for 1601 Texas Ave

Year built

1965

Construction

WOOD

Lot size

2.02 lot acres

Property size

1,320 SF

Property type

Commercial real estate

APN

142000-0000-0010

APU

14200000000010

Description

This exceptional hospitality investment opportunity presents a 95,320-square-foot, two-story hotel situated on a 2.02-acre lot in Bryan, Texas. Built in 1965 and extensively renovated in 2018, the property boasts 116 keys, strategically divided into two brands: 42 Motel 6 rooms and 74 Studio 6 rooms with kitchenettes. The hotel's convenient location near Blinn College and the US Army Memorial Center, within five miles, and its proximity to Texas A&M University, ensures a consistent stream of potential guests. Amenities include free Wi-Fi in all guest rooms, coin laundry facilities, and an outdoor unheated pool. Ample truck parking is also available. The property further benefits from a leased on-site restaurant operating under a month-to-month agreement, generating a monthly income of $1550 and having been in operation for over eight years. This represents a significant discount to replacement cost, offering a strong return on investment for an owner-operator. The recent room renovations position the hotel to effectively compete within the market, improving both occupancy and operating margins. The property is approximately an hour and a half from Houston, Texas, providing access to a larger metropolitan area. This well-maintained and updated hotel presents a compelling opportunity for a savvy investor seeking a profitable venture in a thriving Texas market.