Motel 6


Price:
$2,300,000

[Currently Under Contract]

Address :
311 Bryant Blvd N
San Angelo, TX 76903


  •  TOUR DATES: Times Available for June 7 & 8th - Call for appointment
  •  Well-located to demand generators and traveler amenities
  •  Good opportunity for owner/operator
  •  Manager’s Apartment
  •  Motel 6 Franchise Available Upon Completion of PIP
  •  The hotel is being offered subject to the existing franchise. Motel 6 is expected to grant a standard license agreement upon the completion of a Product Improvement Plan (PIP).
    View Map    View Aerial
  •  Home to over 100,000 people, the City of San Angelo is the regional economic, cultural, medical, and educational center of the Concho Valley.
  •  Close to Regional Demand Generators, Including...
    •  0.9 Miles to Shannon Medical Center
    •  1.5 Miles to Historic Fort Concho
    •  2.3 Miles to Angelo State University
    •  3.1 Miles to Texas Bank Sports Complex
    •  3.4 Miles to Foster Communications Coliseum, Home of the San Angelo Stock Show & Rodeo
    •  6.1 Miles to Goodfellow Air Force Base
    •  6.7 Miles to San Angelo State Park
    •  9.5 Miles to San Angelo Regional Airport
  •  98 Rooms
  •  Guest Laundry
  •  Seasonal Outdoor Pool
  •  Wireless Internet Available
  •  5 Buildings - 2 Stories, Exterior Corridors
  •  Wood Frame Structure
  •  Stucco Facade
  •  Flat, Built-Up Roof (Back 3 Buildings Have NEW TPO Roofs)
  •  Concrete & Asphalt Parking Lot
  •  Built 1979
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 9/18
Occupancy
67.3%
53.1%
51.2%
58.9%
Average Daily Rate
$55.12
$42.78
$40.85
$43.24
Room Revenue
$1,326,979
$814,819
$747,937
$911,408
Net Operating Income
$509,591
$126,318
$118,471
$286,160
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!