MLS #119331 (Status: Active)
Price: $1,990,000
apx. $44.97/sq.ft.
est. payment /mo.
Tax & Insurance Not Included
estimate based on down, interest for
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Located in the heart of the San Angelo Business District, this 75-room hotel would make a great investment. This property sits right off of Highway 87 where it bisects the city as well as right next to Beauregard which is a major road in San Angelo. A vibrant downtown with restaurants, shopping, museums, and a beautiful river walk are all within a short walk or drive from the property. Located within a ten minute walk to the San Angelo Visitor Center, half a mile to The International Water Lily Garden and less than a mile to Shannon Medical Center. The city gladly reported Q3 for 2023 hotel occupancy up 6.3% with continued growth expected. A full San Angelo economic review is available upon request. The hotel offers a restaurant space and events spaces that will draw a crowd and add revenue. Plus, an additional parking lot located directly behind the hotel will convey. There is an indoor pool that will allow for the perfect relaxing end to a day after exploring Downtown San Angelo.
[Sub Agency Fee: | Buyer Broker Fee: 2 | Dual/Var Comm: Yes]
(The Listing Brokers offer of compensation is made only to participants of the MLS where the listing is filed.)
[Sub Agency Fee: | Buyer Broker Fee: 2 | Dual/Var Comm: Yes]
(The Listing Brokers offer of compensation is made only to participants of the MLS where the listing is filed.)
Bunger Real Estate Company
P.O. Box 1856
Ozona, TX 76943
(325) 392-5666 [office]
(325) 392-5667 [fax]
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Central Electric
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Central Forced Gas
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Metal
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3
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San Angelo
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1975
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8-10 ft11-15 ft
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TileCarpeting
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ConcreteFrameOther
Provided By: Keller Williams Synergy
Information Last Updated: May 19, 2024