Motel 6


Price:

Call for Offers Issued
CFO DEADLINE: Friday, November 2nd at noon

Address :
5920 San Bernardo Ave
Laredo, TX 78041


  •  Tours October 22nd & 23rd. Contact Mumford company for an appointment.
  •  Border Town With Steady Transient Traffic
  •  Large Manager Apartment
  •  Off I-35 With Good Access For Interstate Travelers
  •  Oversized Vehicle Parking Lot Available
  •  Strong, Consistent Performance In Occupancy And Net Operating Income
  •  Property Underperforms Its Competitive Set In Average Daily Rate And REVPar
  •  The hotel is being offered without the Motel 6 Franchise. Prospective purchasers will need to determine alternative hotel branding options.
    View Map    View Aerial
  •  Port of Laredo is the largest port of entry on the U.S./Mexico Border
  •  City of Laredo is a growing city, with a population of 257,156
  •  Laredo is Union Pacific’s #1 rail interchange gateway on the U.S./Mexico Border
  •  Close to Regional Demand Generators:
    •  1.0 Miles to Mall Del Norte
    •  3.9 Miles to Laredo Medical Center
    •  5.4 Miles to Laredo International Airport
    •  9.0 Miles to Lake Casa Blanca
    •  9.3 Miles to Texas A&M International University
  •  2 Buildings
  •  Interior/Exterior Corridors
  •  Stucco and Brick Facade
  •  Pitched Roof
  •  Concrete Parking Lot
  •  Guest Laundry
  •  Wireless Internet
  •  Seasonal Outdoor Pool
  •  Built 1968
Financials
2015
2016
2017
T12Mos 9/18
Occupancy
68.6%
64.8%
70.3%
70.4%
Average Daily Rate
$54.16
$51.99
$50.82
$53.37
Room Revenue
$1,478,933
$1,343,502
$1,421,699
$1,493,882
Net Operating Income
$705,901
$586,499
$621,968
$653,085
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!