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La Quinta Inn by Wyndham Victoria 7603 N Navarro St 130 Room Hotel Victoria, TX 77904 $5,395,221 CAD ($41,502 CAD/Room)
INVESTMENT HIGHLIGHTS
- Strategic US 77 Location: Positioned on high-traffic N. Navarro Street, offering seamless connectivity to Houston, San Antonio & Corpus Christi
- Recent renovations amounting to $800,0000
- Proven Financial Performance: Delivered $318,112 NOI in 2024, with room revenue growing to $1.39M, reflecting strong operational momentum and upside
- Attractive Pricing Below Replacement Cost: Offered at $4.4 million ($33,588 per room), significantly below the cost to build new
- Features two separate manager’s apartments, facilitating onsite management and reducing operational costs, ideal for hands-on investors.
- Benefits from Victoria’s diverse economy, driven by major employers like Formosa Plastics, Citizens Medical Center, and Caterpillar
PROPERTY FACTS
| Price | $5,395,221 CAD | Building Size | 48,692 SF |
| Price Per Room | $41,502 CAD | No. Rooms | 130 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1984/2022 |
| Property Subtype | Hotel | Parking Ratio | 3.43/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 2.34 AC | ||
| Zoning | C-2 - Commercial | ||
| Price | $5,395,221 CAD |
| Price Per Room | $41,502 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.34 AC |
| Building Size | 48,692 SF |
| No. Rooms | 130 |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2022 |
| Parking Ratio | 3.43/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - Commercial |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 130 | $85.77 CAD | - |
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PROPERTY TAXES
| Parcel Number | 39430-001-00201 | Improvements Assessment | $1,873,089 CAD |
| Land Assessment | $1,844,331 CAD | Total Assessment | $3,717,420 CAD |
PROPERTY TAXES
Parcel Number
39430-001-00201
Land Assessment
$1,844,331 CAD
Improvements Assessment
$1,873,089 CAD
Total Assessment
$3,717,420 CAD
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La Quinta Inn by Wyndham Victoria | 7603 N Navarro St
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