2138 Water St., Gonzales, TX 78629
- Request for Offers
Marcus & Millichap’s National Hospitality Group, as an exclusive broker, is pleased to offer the sale of Sleep Inn & Suites in Gonzales, Texas. The hotel has generated $571,603 Gross Revenue Year-End 2017. This represents a year over year increase of over 15 percent. January thru March 2018 RevPar has increased 60 percent+. This positive trend in demand is expected to continue into 2018. This asset is offered for sale on a request for offers basis and the seller will consider offers made on a case-by-case basis. All property tours must be scheduled with Agent.
The Sleep Inn & Suites in Gonzales, Texas is a 48-room, limited service hotel located directly off State Highway 183. The common area amenities include a meeting room, business center, and outdoor pool. Furthermore, each guest room boasts a microwave, micro-fridge, 32-inch LCD television and a large workstation.
Gonzales is a city in south-central Texas and is conveniently positioned between major markets such as San Antonio, Austin, Houston and Corpus Christi. The city is 33 miles east of Seguin and 69 miles east of San Antonio. Over the years Gonzales has invested over $12 million in economic development and restructuring of downtown. Gonzales Economic Development Corporation and Main Street have partnered to award grants and opportunities for businesses in the downtown area and there are still many opportunities for growth and new commerce development. Gonzales is also home to a well established, growing industrial park, which is currently home to companies such as Adams Extract, Buddys Natural Chicken, Tyson Foods, Texas Trampoline, and many other new trucking and manufacturing businesses.
Agent for this listing
First Vice President Investments | Senior Director, National Hospitality Group
Office: (512) 338-7831
Mobile: (512) 203-9154
Fax: (512) 338-7810