For Sale
$6,450,000

126 Middle Buster Rd Gonzales, TX 78629

62-key hotel, newly renovated, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 62-key Holiday Inn Express & Suites hotel presents a compelling investment opportunity in the thriving Texas market. Located at 126 Middle Buster Rd, Gonzales, TX 78629, this three-story property boasts 37,712 square feet and was originally built in 2012, undergoing a complete renovation in 2022. The hotel's prime location in Gonzales, a growing city near San Antonio and Austin, benefits from proximity to historical sites, parks, and local businesses, attracting both leisure and corporate travelers. The recent renovations have significantly enhanced the guest experience, featuring updated guest rooms and common areas, leading to improved occupancy rates and higher average daily rates (ADR). As part of the reputable IHG family, this hotel benefits from the brand's strong reputation for quality and service, ensuring repeat business and high customer satisfaction. The property offers a range of amenities including meeting rooms, a business center, and a complimentary hot breakfast, catering to a diverse clientele. Gonzales's growing population and economic development, coupled with emerging local industries and annual events, contribute to a consistent influx of visitors, creating a strong demand for hotel accommodations. Historical occupancy rates and revenue performance demonstrate the hotel's success, with projections indicating continued growth in tourism and business travel. This presents a significant opportunity for increased profitability through strategic marketing and promotional efforts, capitalizing on the hotel's strong foundation and prime location within a dynamic market. The property's strong performance and potential for future growth make it an ideal investment for discerning buyers.

Highlights

  • Prime Gonzales, TX location near San Antonio and Austin.
  • Convenient to historical sites, parks, and businesses.
  • Completely renovated in 2022 with modern amenities.
  • Updated guest rooms and common areas boost occupancy and ADR.
  • IHG Holiday Inn Express franchise.
  • High customer satisfaction scores ensure repeat business.

Property Details for 126 Middle Buster Rd

Property type
Hospitality properties, Hotels
Square Feet
37,712 SF
Year Built/Renovated
2012/2022
Stories
3

Location Insight

City
Gonzales
County
Gonzales
State
Texas
Latitude
29.5194868
Longitude
-97.4642465

FAQs

What type of property is this?
Hospitality property - 62-key hotel, newly renovated, strong ROI.
Where is the hospitality property located?
The property is located at 126 Middle Buster Rd Gonzales, TX.
What is the asking price?
The asking price for this property is $6,450,000.
What are key features of this property?
This property features: Prime Gonzales, TX location near San Antonio and Austin.; Convenient to historical sites, parks, and businesses.; Completely renovated in 2022 with modern amenities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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126 Middle Buster Rd
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