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1300 N Interstate 35
Gainesville, TX 76240

Price Upon Request

Hotel For Sale  •  46,927 SF

Property Details

  • Property Type Hotel
  • Total Building Size 46,927 SF
  • Lot Size 2.5 AC
  • Building Class B
  • Year Built 2019
  • Zoning C
0 Transit Score
34 Walk Score

Highlights

Opportunity to acquire the newest hotel in Gainesville, TX - This property is in excellent condition, requiring minimal capital improvements.
A CMBS loan with the balance of approximately $6.3M and interest rate of 5.77% can be assumed.
The hotel is among the RevPAR leaders in the market, ranking #2 among its competitive set with an average index north of 109% between 2021 and 2023.
The hotel is situated off Interstate 35, offering excellent visibility from the expressway, and it is minutes away from Gainesville Municipal Airport.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Gainesville Amtrak Station (Heartland Flyer - Amtrak) 4 min - 2.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Michael Yu 713-577-1760 CBRE, Inc.
Michael Yu 713-577-1760 CBRE, Inc.