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23579293
23579294

208 Nueces St, George West, TX 78022

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company
$3,990,000
380 days on market
Updated 25 days ago

Best Western George West Executive Inn

Details
APN 2300-0036-0015-00
Property Type Hospitality
Sub Type Hotel, Motel
Keys 50
Brand/Tenant Best Western
Year Built 1998
Buildings 1
Stories 2
Acreage 3.700

50 Room Best Western qualifying for Membership Auto-Transfer between San Antonio and Corpus Christi

Marketing description

The Best Western in George West, Texas, is a 50-room, two-story, exterior corridor hotel, ideally situated off Highways 59 and 281 midway between San Antonio and Corpus Christi.

This well-maintained property is current on requirements from Best Western, and has also recently made upgrades, including new Dormakaba electronic locks. The hotel features a spacious on-site manager's quarters on the second floor of the lobby that consists of three bedrooms and two bathrooms, making it ideal for an owner-operator.

The hotel continues to perform well, generating $965,660.48 in trailing twelve-month revenue through July. Built in 1998, it has remained under the same ownership since construction. Property amenities include a fitness center, meeting room, breakfast room, and outdoor pool.

Available separately, located behind the hotel and adjacent to the neighboring restaurant, are 8 single-bedroom units and 2 newly built double-bed executive apartments, which produced $133,529.99 in lease revenue during 2024. (The restaurant sits on a separate parcel and is not included in the sale.) The Owner is open to offers for the apartments included in the sale at an additional asking price of $1,100,000. Otherwise, electricity is already on a separate panel, and the Seller would figure out moving the water and other utilities along with a lot split to accommodate a hotel sale separately.

Located in a welcoming rural town with a population of approximately 2,500, George West offers a friendly atmosphere and convenient access to several local attractions. Nearby points of interest include Choke Canyon Reservoir, Lake Corpus Christi, Natural Bridge Caverns, the Grace Armantrout Museum, Live Oak County Museum, Buck West House, and Coleto Creek Park and Reservoir, among others.

Investment highlights

  • 50 Units
  • Perfect Opportunity for Owner/Operator with 3 Bed 2 Bath Onsite Manager's Apartment
  • Revenue in 2025: $1,013,720
  • Seller Financing may be Available to Qualified Buyer with 25% Down
  • Excellent Condition - Qualifies for Best Western Membership Auto-Transfer
  • Priced to Sell at a 3x Revenue Multiplier and $58,000 per Unit
  • Original Owner Built the Hotel in 1998
  • 8 Single-Bed & 2 Double-Bed Executive Leased Apartments Available Separately for an Additional Asking Price of $1,100,000
  • Strategically Located off US-59 Highway between San Antonio and Corpus Christi

Listing Contacts

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company

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