Hotel/Motel - Luling, TX
This is a two story outside corridor motel located in Luling, TX, off of I-10 approximately 50 miles east of San Antonio. Luling is a small community serving as a gateway to the entertainment areas of San Antonio and Sam Marcos and New Braunfels. Customers come from off the nearby interstate hwy., the local community, and oil & gas personnel working in the area. The facilities have 33 rooms including 15 with twin beds, 16 with queen beds, and 2 with king beds, plus an apartment for the owner/manager. Totally remodeled in 2016 the rooms are clean and attractive. This motel was affiliated with Affinity Inn & Resorts, but the owner decided to drop the franchise and now operates independently. The property consists of 1.172 acres improved with a 12.088 sq. ft. building. There is also an adjoining 1 acre with a 3,812 sq. ft. building which is leased for a daycare business which is optional for inclusion with the sale of the motel.
Background information
Reference:
82450
Year established:
Built in 1982 and remodeled in 2016.
Reason selling:
Moving out of State
Finance
Sales:
$211,000
Profit type:
Discretionary Earnings
Operations
Employees:
2 FT
Equipment:
All rooms are fully equipped.
Premises
Facility:
The property consist of 1.172 acres improved with a 12,088 sq. ft. 2 story motel building. Optionally, there is an adjoining 1 acre with a 3,812 sq. ft. building leased to a daycare business.
Square footage:
12088
Location:
50 miles east of San Antonio near I-10 Freeway.
Price and terms
Price:
$1,100,000
Training:
As needed.