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Clarion Pointe Lake Jackson 925 Highway 332 132 Room Hotel Lake Jackson, TX 77566 $4,536,740 CAD ($34,369 CAD/Room)
EXECUTIVE SUMMARY
The hotel was Built in 1979.Property Has 132 Rooms. Additional upside for an Owner/Operator to Renovate and Incorporate Marketing team for Revenue Management Strategy and cost reducing initiatives at the property level. Market the property to various Companies for their Employees Comfortable Stay .
Property In Houston Submarket and Near DOW Factory and Also Near Beach . Property Probably Good for repurpose Due to price per Room And has All the Amenities Needed for repurpose . Property Has Restaurant and Bar But not in Operation Currently . Property has Meeting room.
Property In Houston Submarket and Near DOW Factory and Also Near Beach . Property Probably Good for repurpose Due to price per Room And has All the Amenities Needed for repurpose . Property Has Restaurant and Bar But not in Operation Currently . Property has Meeting room.
PROPERTY FACTS
| Price | $4,536,740 CAD | Building Size | 40,000 SF |
| Price Per Room | $34,369 CAD | No. Rooms | 132 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1979 |
| Property Subtype | Hotel | Parking Ratio | 3.6/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 3.05 AC | ||
| Zoning | C-1 | ||
| Price | $4,536,740 CAD |
| Price Per Room | $34,369 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.05 AC |
| Building Size | 40,000 SF |
| No. Rooms | 132 |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 3.6/1,000 SF |
| Corridor | Interior |
| Zoning | C-1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $139.59 CAD | - |
| Guest Room | 129 | $78.17 CAD | - |
PROPERTY TAXES
| Parcel Number | 2115-0108-000 | Improvements Assessment | $2,755,776 CAD |
| Land Assessment | $1,085,699 CAD | Total Assessment | $3,841,475 CAD |
PROPERTY TAXES
Parcel Number
2115-0108-000
Land Assessment
$1,085,699 CAD
Improvements Assessment
$2,755,776 CAD
Total Assessment
$3,841,475 CAD
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Presented by
Amit Mehta Inc
Clarion Pointe Lake Jackson | 925 Highway 332
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