4013 Houston Harte Expy, San Angelo, TX 76901-5050
- Hotels
- 42,048 SF
- 2.39 lot acres
Current Use by Public Records
- WoodSpring Suites San Angelo / Hotel & Motel / Vacation Rental
Property Details for 4013 Houston Harte Expy
- Lot size
- 2.39 lot acres
- Property type
- Hotels
- APN
- 22-40050-0001-013-00
- APU
- 2240050000101300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 9, 2019 | — | Camtod Investments LLC | Pure Strike San Angelo LLC | Special Warranty Deed | $5.6M · Citizens National Bank |
| Feb 6, 2015 | — | Pure Strike San Angelo LLC | Wve San Angelo Investments LP | Venders Lien | $2.7M · Prosperity Bank |
Description
This exceptional 123-key, four-story WoodSpring Suites extended-stay hotel, built in 2014, presents a lucrative investment opportunity in San Angelo, Texas. Located at 4013 W Houston Harte Expy, San Angelo, TX 76901 (APN 22-40050-0001-013-00), this Choice-branded property boasts high profit margins and low maintenance costs, a hallmark of the WoodSpring Suites brand. Each spacious suite includes a full kitchenette equipped with cooking utensils and a guest laundry facility, catering to the extended-stay market. The hotel benefits from a turnkey operation, requiring no property improvement plan (PIP) from Choice Hotels upon transfer of ownership. A full operational staff, including a General Manager, Assistant General Manager, front desk personnel, and housekeeping, is in place, making this an ideal investment for an absentee owner. Conveniently situated near Interstates 14 & 27, this B1-zoned property offers an assumable CMBS loan with a favorable 4.88% interest rate and a 30-year amortization, further enhancing its appeal. The asking price is $7,500,000. This represents a rare opportunity to acquire a well-managed, high-performing hotel with significant upside potential. The property is fully operational and ready for immediate ownership.
Value Estimations
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,100,000 Current use
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Location Insight
- Map
- Local Demand
- City
- San Angelo
- County
- Tom Green
- State
- Texas
- Longitude
- -100.492
- Latitude
- 31.4473
- CBSA code
- 41660
- CBSA name
- SAN ANGELO, TX METROPOLITAN STATISTICAL AREA
