- Two-Story, 125-Room, G6 Hospitality-Branded, Interior/Exterior-Corridor Hotel
- Located within the Nacogdoches MSA about 140 Miles Northeast of Houston and 163 Miles Southeast of Dallas
- Easily Accessible and Highly Visible from U.S. Highway 59
- Situated Near Nacogdoches’s Largest Employers and Highest Value Businesses
- Year 1 Projected Revenue Expected to Exceed $1.6 Million while Maintaining an NOI Over $620,000
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Studio 6/Motel 6 Dual-Brand Nacogdoches- SFA University (‘Hotel’ or ‘Property’) located in Nacogdoches, Texas. The G6 Hospitality-branded Hotel is offered at $4,800,000 or $38,400 per key.
Studio 6/Motel 6 Dual-Brand Nacogdoches- SFA University is a 125-room, two-story Hotel stationed at 3400 South St in Nacogdoches, Texas, just off U.S. Highway 59. Various common area amenities at the Property include an indoor pool, laundry facilities, vending machines, outdoor patio & grill. This hotel recently opened as a Studio 6/Motel 6 dual branded property after a complete gut-job renovation of all rooms and most public areas. There is a restaurant and ballroom space attached to a kitchen located within the hotel that can be leased out to a third party or operated by the prospective buyer after its renovation.
Nacogdoches, Texas is located in East Texas and serves as the county seat of Nacogdoches County. Nacogdoches is located 98 miles Southwest of Shreveport and 142 miles Northeast of Houston. The Hotel's proximity to some of the city’s popular demand generators allows it to take full advantage of the prominent industries within the local economy. History enthusiasts can step back in time at the Caddo Mounds State Historic Site, where they can explore ancient Native American mounds and learn about the region's indigenous heritage. The Nacogdoches Railroad Depot (4.2 miles), a historic landmark, now stands as a museum that showcases the importance of railroads to the area. The picturesque Historic Downtown district (4.3 miles) charms visitors with its well-preserved architecture, boutique shops, and diverse culinary scene. Nature lovers can explore Lake Nacogdoches (14.6 miles), a popular destination for boating, kayaking, and fishing. Nacogdoches hosts various local events, including the Texas Blueberry Festival, celebrating the region's abundant blueberry harvest with live music, delicious treats, and arts and crafts. The city's location amid the Piney Woods provides ample opportunities for outdoor adventures, from hiking in the nearby trails of the Davy Crockett National Forest (24.4 miles) to paddling along the Neches River.
Nacogdoches boasts a diverse economy with contributions from various sectors. The city hosts major employers such as Nacogdoches Memorial Hospital (5.0 miles), a leading healthcare provider in the region, and Stephen F. Austin State University (5.7 miles), which employs more than 2,300 people. In recent years, Nacogdoches has seen investments in infrastructure and community development, including enhancements to the downtown area and historic districts, aimed at attracting advanced manufacturing and healthcare companies.
The Hotel is expected to projected to generate room revenues of over $1.6 million and a net operating income of just over $620,000, or 37.5 percent as a percentage of total revenues, after a 4 percent capital replacement reserve in Year 1. As of June 2023, the twelve-month average RevPAR for the Comp Set was $44, and the East Texas hotel submarket was growing at an annual rate of 7.7 percent. A prospective buyer should be able to capitalize on the fully renovated product offering with no capital improvement required in the near future.
