Listing Summary
Best Western George West: Stabilized Asset with Ancillary Income
Full Description
Best Western George West: Stabilized Asset with Ancillary Income
Acquire a well-maintained, 50-room, two-story, exterior corridor Best Western strategically located at the junction of Highways 59 and 281, midway between San Antonio and Corpus Christi.
Key Investment Highlights:
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Strong Performance: The hotel generated $965,660 in trailing twelve-month revenue (through July).
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Ideal for Owner/Operator: Features a large, two-story, 3-bedroom/2-bathroom manager's quarters within the lobby structure, perfect for on-site management.
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Current & Upgraded: Current on all Best Western requirements with recent property upgrades, including new Dormakaba electronic locks.
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Amenities: Includes a fitness center, meeting room, breakfast room, and outdoor pool.
Ancillary Income Opportunity (Available Separately):
A separate offering behind the hotel includes 10 total residential units (8 single-bedroom units and 2 newly built double-bed executive apartments) which generated $133,529 in lease revenue in 2024. These apartments can be purchased separately for $1,100,000.
Location: Situated in the friendly rural town of George West (Population $\approx 2,500$), offering convenient access to major attractions like Choke Canyon Reservoir and Lake Corpus Christi, benefiting from regional and local demand.
Quick Glance
- Listing ID:
CL-Texas-27175
- Status:
Active
- Year Build:
1998
- Building Size:
50,193 SqFt
- Lot Size:
3 Acr