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1108 W Highway 21, Caldwell, TX, 77836

Americas Best Value Inn Caldwell
$1,410,000

Key Information

Cap Rate
9.95%
$ per SF
$38
Lot Size
2.45 Acres
$ per unit
$27,115
Units
52
Year Built
1980/2010
Term Remaining
±0 YRS
Type
Hospitality
NOI
$140,296

Highlights

  • Below Replacement Cost Basis The property is being offered at approximately $27,000 per key, a significant discount to current hotel development costs.
  • Proximity to Texas A&M University Located just 20 miles from College Station, home to Texas A&M University, one of the largest universities in the United States with more than 80,000 students.
  • Strategic Location Between Key Regional Markets Caldwell sits along TX-21 between College Station and Austin, capturing pass-through travelers, construction crews, and regional business demand while offering a more affordable lodging option compared to nearby larger markets.
  • Stable Local Economic Drivers The market benefits from several regional demand generators including the Texas A&M University System RELLIS Campus, Sanderson Farms processing facility, and Texas A&M AgriLife Research.
  • Limited Hotel Supply Caldwell has no new hotel developments currently planned, helping preserve occupancy levels for existing properties and reducing the risk of new competitive supply entering the market.
  • Owner-Operator Upside The property is currently absentee owned, presenting a strong opportunity for a hands-on owner-operator to improve operational efficiencies, reduce expenses, and grow revenue.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204