501 7Th StBay City, TX 77414

Property Details for 501 7Th St

Year built

2017

Lot size

6.33 AC

Property size (Sq ft)

24,968 SF

Property type

Commercial real estate

APN

15133

APU

15133

Description

This 23,593 square foot, three-story hotel in Bay City, Texas, presents a compelling investment opportunity. Built in 2017, this limited-service property boasts 63 rooms, including 14 suites, and requires minimal capital improvements. The hotel is strategically located on a 2.65-acre lot at 501 7th St, Bay City, TX 77414, near significant demand generators such as a nuclear power plant, chemical plant, and energy industry manufacturers. Amenities include an outdoor pool, fitness center, meeting room, business center, and complimentary full breakfast. The property offers an EV charging station. The current pricing is well below replacement costs, at approximately $65,000 per key. An absentee owner structure allows for potential revenue increases through hands-on sales and management strategies. This well-maintained hotel represents a strong value proposition for investors seeking a profitable hospitality asset in a robust industrial area. The property is zoned for its current use.

Location Insight

City

Bay City

County

Matagorda

State

Texas

Latitude

28.9837

Longitude

-95.9847

CBSA code

13060

CBSA name

BAY CITY, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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