EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE …...This information has been secured from sources we...
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EXCLUSIVE MULTIFAMILY OFFERING EXCLUSIVE HOSPITALITY OFFERING GONZALES HOTEL PORTFOLIO (TEXAS LODGE) 1821 EAST SARAH DEWITT DRIVE GONZALES, TX 78629 § Two-Property Hotel Portfolio § Best Western Regency Inn & Suites 29 Room, Exterior Corridor, Midscale Hotel § Located 69 Miles from San Antonio § The Texas Lodge 23-Room, Exterior Corridor, Independent Hotel § Extensive Best Western PIP Items Completed 2017 § Includes 1,400 Square Feet, Two Room Managers Quarters INVESTMENT HIGHLIGHTS OFFERING SUMMARY Price $800,000 PIP $0 Down Payment 99.99% / $799,920 Loan Amount $80 Loan Type Financed Interest Rate / Amortization 6.00% / 25 Years Number of Rooms 23 Ownership Type Fee Simple Year Built 2013/2016 Lot Size 1 Acre(s) ASSET PERFORMANCE DATA CURRENT YEAR 1 CAP Rate 13.58% Room Revenue Multiplier 2.06 Occupancy 73.29% 73.29% ADR $67.54 $67.54 Rev PAR $49.50 $49.50 Room Revenue $387,982 F & B Revenue $12,736 Total Revenue $400,718 Total Expenses $276,020 Net Operating Income $108,669 Net Cash Flow After Debt Service $108,675 Total Return 13.58% / $108,676 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc.© 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0160158 Property ID: 4834531) Texas Real Estate Commission Consumer Protection Notice: https://www.trec.texas.gov/sites/default/files/pdf-forms/CN%201-2.pdf Texas Real Estate Commission Information About Brokerage Services: https://www.trec.texas.gov/sites/default/files/pdf-forms/IABS%201-0.pdf
Transcript of EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE …...This information has been secured from sources we...
EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE HOSPITALITY OFFERING
GONZALES HOTEL PORTFOLIO (TEXAS LODGE)1821 EAST SARAH DEWITT DRIVEGONZALES, TX 78629
§ Two-Property Hotel Portfolio
§ Best Western Regency Inn & Suites 29 Room, Exterior Corridor, Midscale Hotel
§ Located 69 Miles from San Antonio
§ The Texas Lodge 23-Room, Exterior Corridor, Independent Hotel
§ Extensive Best Western PIP Items Completed 2017
§ Includes 1,400 Square Feet, Two Room Managers Quarters
INVESTMENT HIGHLIGHTS
OFFERING SUMMARYPrice $800,000
PIP $0
Down Payment 99.99% / $799,920
Loan Amount $80
Loan Type Financed
Interest Rate / Amortization 6.00% / 25 Years
Number of Rooms 23
Ownership Type Fee Simple
Year Built 2013/2016
Lot Size 1 Acre(s)
ASSET PERFORMANCE DATA
CURRENT YEAR 1
CAP Rate 13.58%
Room Revenue Multiplier 2.06
Occupancy 73.29% 73.29%
ADR $67.54 $67.54
Rev PAR $49.50 $49.50
Room Revenue $387,982
F & B Revenue $12,736
Total Revenue $400,718
Total Expenses $276,020
Net Operating Income $108,669
Net Cash Flow After Debt Service $108,675
Total Return 13.58% / $108,676
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc.© 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0160158 Property ID: 4834531)
Texas Real Estate Commission Consumer Protection Notice: https://www.trec.texas.gov/sites/default/files/pdf-forms/CN%201-2.pdfTexas Real Estate Commission Information About Brokerage Services: https://www.trec.texas.gov/sites/default/files/pdf-forms/IABS%201-0.pdf
EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE HOSPITALITY OFFERING
101 West Elm Street, Suite 600, Conshocken, PA 19428 | Tel (215) 531-7000 Fax: (215) 531-7010
GONZALES HOTEL PORTFOLIO (TEXAS LODGE)1821 EAST SARAH DEWITT DRIVEGONZALES, TX 78629
MARKET COMPETITORS
HOTEL/MOTEL ADDRESSNUMBER OF
ROOMSOPEN DATE
MILES TO SUBJECT
SUBJECT PROPERTY Prior Year
1 Current Year 1
Occupancy % % 0.00% 73.29% 73.29% % % % %
% Change % % % 0.00% 0.00% % % % %
Average Daily Rate $0.00 $67.54 $67.54
% Change % % % 0.00% 0.00% % % % %
Rev PAR $0.00 $49.50 $49.50
% Change % % % 0.00% 2.02% % % % %
Prior Year 1
Current Year 1$0.00
$10.00
$20.00
$30.00
$40.00
$50.00
$60.00
$70.00
$80.00
0%
10%
20%
30%
40%
50%
60%
70%
80%
Average Daily Rate ($) Rev PAR ($) Occupancy (%)
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc.© 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0160158 Property ID: 4834531)
