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28023943
28023969

4410 US-377, Brownwood, TX 76801

JS
TX TX 592568
Turnkey Realty LLC
Turnkey Realty, LLC
Listed by Turnkey Realty LLC, Turnkey Realty, LLC
$1,650,000
213 days on market
Updated 8 days ago

Gate 1 Inn

Details
Property Type Retail, Hospitality
Sub Type Hotel, Motel
Square Footage 27,902
Keys 56
Stories 1
Acreage 4.340
Ground Lease No

Retail | 27,902 SqFt

Marketing description

Prime Hospitality Investment Available in Brownwood Tx. The Gate 1 Inn offers a rare value-add opportunity in one of Brownwood s fastest-growing areas. This 56-room hotel includes a mix of double queen and king suites, a private 3 bed, 2 bath owner s apartment, a welcoming front lobby, laundry area with ample storage, guest laundry, multiple storage buildings, large truck parking, and a clubhouse with rental potential. Ideally located near Brownwood s medical and industrial districts, the property draws year-round demand from business travelers, contractors, and extended-stay guests. Nearby employers such as Brownwood Regional Medical Center, Kohler, 3M, and Superior Cable collectively employ more than 2,500 workers, creating a strong lodging base. The property also shares parking with The Section Hand Restaurant, which is available for purchase, creating an opportunity to combine dining and lodging operations. Situated on a high-traffic corridor with over 10,000 vehicles daily, the hotel benefits from excellent visibility and access. Brownwood is undergoing rapid growth with a new event center, downtown redevelopment projects, and expanding commercial and residential activity all expected to increase visitor and resident demand. Current market hotel rates average $150 per night, leaving significant upside for new ownership. Updating the property s exterior appeal, improving amenities, and implementing modern marketing strategies could quickly raise rates and occupancy. With direct visitor spending exceeding $65 million annually, this property is positioned to serve a diverse guest base, from travelers and event attendees to healthcare and industrial workers. The Gate 1 Inn is a unique chance to acquire an underperforming asset with strong growth potential in a thriving market.

The gate 1 inn in brownwood, texas presents a unique value-add investment opportunity in a growing market. Positioned near major employers and upcoming developments, this 56-room property is ready for a strategic operator to maximize revenue through improved management, rate optimization, and targeted upgrades.

Investment highlights

  • 56 guest rooms: mix of double queen and king suites
  • Owner’s apartment: 3 bedrooms, 2 bathrooms
  • Clubhouse/meeting space available for guest use or rental
  • Front lobby with check-in and seating area
  • Guest laundry facility plus dedicated laundry and storage for linens/inventory
  • Large parking lot accommodating trucks and trailers
  • Shared parking lot with section hand restaurant – restaurant also for sale
  • Prime location near medical and industrial districts

Listing Contacts

JS
TX TX 592568
Turnkey Realty LLC
Turnkey Realty, LLC
Listed by Turnkey Realty LLC, Turnkey Realty, LLC

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Additional Information

Name
Jennifer Stewart
License
TX 592568
Brokerage
Turnkey Realty
Title
Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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