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TownePlace Suites College Station 1300 University Dr E 93 Room Hotel College Station, TX 77840 $14,637,600 CAD ($157,394 CAD/Room) 8.59% Cap Rate
Investment Highlights
- Strong Cash Flow | 36% NOI with Stabilizing Numbers
- Located near the largest University in Texas! 70,000+ Students
- Little to ZERO PIP
Executive Summary
*** The Above NOI is Auto Generated - Actual NOI is $1,002,396***
Hotel Brokers of America is pleased to present the TownePlace Suites College Station, a 93-key Marriott-branded extended-stay hotel strategically positioned in the Bryan–College Station MSA, one of Texas’ most stable and demand-resilient lodging markets. The asset benefits from year-round demand anchored by Texas A&M University, a diversified base of federal research activity, and a steady mix of academic, government, corporate, and leisure travel. The hotel is PIP complete and the current ownership spent well over $2M on the total renovation.
TownePlace Suites is one of Marriott’s most efficient extended-stay platforms, designed to capture longer-length-of-stay demand with lean staffing models, lower operating volatility, and durable cash flow characteristics. The hotel is well-positioned for now stabilized performance now that it has completed it’s full PIP.
Hotel Brokers of America is pleased to present the TownePlace Suites College Station, a 93-key Marriott-branded extended-stay hotel strategically positioned in the Bryan–College Station MSA, one of Texas’ most stable and demand-resilient lodging markets. The asset benefits from year-round demand anchored by Texas A&M University, a diversified base of federal research activity, and a steady mix of academic, government, corporate, and leisure travel. The hotel is PIP complete and the current ownership spent well over $2M on the total renovation.
TownePlace Suites is one of Marriott’s most efficient extended-stay platforms, designed to capture longer-length-of-stay demand with lean staffing models, lower operating volatility, and durable cash flow characteristics. The hotel is well-positioned for now stabilized performance now that it has completed it’s full PIP.
Data Room Click Here to Access
Property Facts
| Price | $14,637,600 CAD | Lot Size | 2.50 AC |
| Price Per Room | $157,394 CAD | Building Size | 54,324 SF |
| Sale Type | Investment | No. Rooms | 93 |
| Cap Rate | 8.59% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1998/2012 |
| Property Subtype | Hotel | Parking Ratio | 1.66/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | $14,637,600 CAD |
| Price Per Room | $157,394 CAD |
| Sale Type | Investment |
| Cap Rate | 8.59% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 54,324 SF |
| No. Rooms | 93 |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2012 |
| Parking Ratio | 1.66/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 93 | $199.73 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 101808 | Improvements Assessment | $7,580,631 CAD |
| Land Assessment | $2,794,923 CAD | Total Assessment | $10,375,554 CAD |
Property Taxes
Parcel Number
101808
Land Assessment
$2,794,923 CAD
Improvements Assessment
$7,580,631 CAD
Total Assessment
$10,375,554 CAD
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TownePlace Suites College Station | 1300 University Dr E
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