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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. 


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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.

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