Motel 6


Price:

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

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
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!