Motel 6


Price:
$4,200,000

[Currently Under Agreement]

Address :
5920 San Bernardo Ave
Laredo, TX 78041


  •  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
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
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!