Motel 6


Price:
$3,300,000

Call for Offers Issued
CFO DEADLINE: Friday, October 26th at noon

[Currently Under Agreement]

Address :
1321 N Interstate 35
San Marcos, TX 78666


  •  Tours October 16th & 17th. Contact Mumford Company for an appointment.
  •  Space available to convert to manager apartment
  •  Off I-35 well located in proximity to demand generators
  •  Well-maintained and clean property
  •  Property renovations were completed in April of 2018
  •  Opportunity to increase revenues substantially
  •  Property will be able to maintain the Motel 6 affiliation
    View Map    View Aerial
  •  San Marcos has established recreation and retail tourism sectors due to its location along the San Marcos River, Blanco River and Interstate 35
  •  San Marcos boasts a diverse and skilled workforce, strong infrastructure due to its location within the Austin MSA and between two major metro areas
  •  Close to Regional Demand Generators:
    •  1.1 Miles to Spring Lake Meadows Center
    •  1.5 Miles to Texas State University
    •  1.6 Miles to City Park
    •  6.1 Miles to San Marcos Premium Outlets
  •  3 Buildings
  •  Exterior Corridor
  •  Stucco Facade
  •  Flat, Built-Up Roof
  •  Asphalt Parking Lot
  •  Pet Friendly
  •  Guest Laundry
  •  Wireless Internet Available
  •  Seasonal Outdoor Pool
  •  Built 1980
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos-8/18
Occupancy
68.0%
72.8%
60.2%
57.7%
Average Daily Rate
$51.06
$48.73
$46.64
$45.72
Room Revenue
$1,596,719
$1,636,457
$1,291,872
$1,213,991
Net Operating Income
$755,739
$771,615
$254,164
$155,047
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!