8106 Zac Lentz Pkwy Victoria, TX 77904-3129
- Hotels
- 88,905 SF
- 2.21 lot acres
Current Use by Public Records
- Best Western Plus Victoria Inn & Suites / Hotel
Property Details for 8106 Zac Lentz Pkwy
- Year built
- 2004
- Construction
- FRAME
- Lot size
- 2.21 lot acres
- Property size
- 88,905 SF
- Property type
- Hotels
- APN
- 17025-001-00100
- APU
- 1702500100100
Description
This exceptional 54-key hotel, located at 8106 NE Zac Lentz Pkwy in Victoria, Texas, presents a lucrative investment opportunity. Built in 2004 and extensively renovated in 2022, the property boasts a substantial 29,635 square feet of gross building area situated on a generous 2.21-acre lot. The three-story interior corridor hotel features a diverse room configuration including 12 King Suites, 19 King Rooms, and 23 Double Queen Rooms, catering to a wide range of guest preferences. The property's recent renovation ensures modern amenities and updated facilities, minimizing the need for immediate capital expenditures. Detailed financial information, high-quality photographs, and all necessary disclosures will be provided separately upon request. This turnkey operation in Victoria County, Texas (zip code 77904) offers a compelling combination of established performance and significant upside potential. The seller has indicated limited potential for property improvement plan (PIP) expenditures. This hotel represents a rare chance to acquire a well-maintained, high-performing asset in a thriving Texas market. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,180,000
- 6.5%
- $1,115,000
- 7%
- $1,145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,170,000
- Geo Method
- $1,290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,170,000
- Retail
- $1,060,000
- Mixed-Use
- $985,000
- Hospitality
- $1,105,000
- Educational
- $1,195,000
- Residential Income
- $1,165,000
- Energy
- $925,000
- Income-Based Land
- $905,000
- Food Service
- $995,000
Location Insight
- Map
- Local Demand
- City
- Victoria
- County
- Victoria
- State
- Texas
- Longitude
- -97.0033
- Latitude
- 28.8642
- CBSA code
- 47020
- CBSA name
- VICTORIA, TX METROPOLITAN STATISTICAL AREA