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Property profile

510 Georgia Ave Sweetwater, TX 79556

OFF-MARKET
Commercial real estate
Property ID
US82-6386616
View Sample
24,168 SF 2.29 ac lot Built 1983
Entity Owned 19-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents a recently updated, 80-room hotel situated on a prominent 2.29-acre lot in Sweetwater, Texas. Boasting a prime location directly on I-20, this unflagged property offers significant advantages for both current operations and future expansion. All guest rooms have undergone recent renovations, eliminating the need for any property improvement plans (PIP). The substantial lot size provides ample space for truck parking, a significant benefit given the property's highway accessibility. Furthermore, the property's potential for expansion is considerable, allowing for increased capacity to meet the growing demand for housing and rental options in the area. The hotel's performance has demonstrably improved since the completion of the renovations. The property's location offers excellent visibility and convenient access for travelers. The expansive acreage also presents opportunities for additional development or amenity additions. This property is an ideal investment for those seeking a well-maintained, high-potential commercial asset in a strategically advantageous location. Further details are available upon execution of a non-disclosure agreement.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 24,168 SF
Lot 2.29 ac (99,578 SF)
APN N0722-0005-01
UPID US82-6386616

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$923k
Blend (final) Blend
$515k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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