8106 Zac Lentz PkwyVictoria, TX 77904

Property Details for 8106 Zac Lentz Pkwy

Year built

2004

Construction

FRAME

Lot size

2.21 AC

Property size (Sq ft)

88,905 SF

Property type

Hotels

APN

17025-001-00100

APU

1702500100100

Description

This exceptional 54-key hotel, located at 8106 NE Zac Lentz Pkwy in Victoria, Texas, presents a lucrative investment opportunity. Built in 2004 and extensively renovated in 2022, the property boasts a substantial 29,635 square feet of gross building area situated on a generous 2.21-acre lot. The three-story interior corridor hotel features a diverse room configuration including 12 King Suites, 19 King Rooms, and 23 Double Queen Rooms, catering to a wide range of guest preferences. The property's recent renovation ensures modern amenities and updated facilities, minimizing the need for immediate capital expenditures. Detailed financial information, high-quality photographs, and all necessary disclosures will be provided separately upon request. This turnkey operation in Victoria County, Texas (zip code 77904) offers a compelling combination of established performance and significant upside potential. The seller has indicated limited potential for property improvement plan (PIP) expenditures. This hotel represents a rare chance to acquire a well-maintained, high-performing asset in a thriving Texas market. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $13,144,579

  6.5%

  $12,133,458

  7%

  $11,266,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,055,410

  Geo Method

  $47,482,784

• Alternative Use

  Use

  Valuation

  Residential

  $13,246,211

  Hospitality

  $12,133,458

  Educational

  $10,094,895

  Medical

  $10,442,074

  Retail

  $15,703,169

Location Insight

City

Victoria

County

Victoria

State

Texas

Latitude

28.8642

Longitude

-97.0033

CBSA code

47020

CBSA name

VICTORIA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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