510 NW GEORGIA AVE Sweetwater TX 79556-7889

🔥80-Doors Hotel 🏨 $2.5 MIL Right on I-20 Frontage Rd. Huge Lot❣️ 2.29 Acres Built in 1983

Sweetwater is a municipality in Nolan County, Texas. It sits on Interstate 20 between Abilene, Tx in Taylor County, 45 miles to the East and Big Spring, Tx in Howard County, 68 miles to the West. With a population of 10,626 as of 2019. Award winning schools, a variety of business & clean energy opportunities, all in a family-centered atmosphere. Home to the main campus for West Texas State Technical College and also home of one of the largest building material manufacturing companies in the nation, USG. Massive land of the never-ending windmill clean energy productions.

Recently Updated 80-Doors hotel. Unflagged, no PIP! All rooms updated. Great location on I20, lots of room for truck parking or for a possible expansion of the hotel. Over 2.28 Acre Lot with awesome view, the area needs more housing & rentals, long & short terms. Improved performance since renovation. Additional Info. may be avail with signed non-disclosure.

For registration requirements and regulations, please review here or contact Jake Fleming | (949) 401-9557 | [email protected].

The subject property is currently an independently owned hotel that was a former Motel 6 constructed in 1983. The exterior corridor property includes 79 guest rooms and one manager’s quarter with 1 bedroom and 1 bathroom and full kitchen. The building is 24,168 SF and sits on a 2.29 acres lot. Amenities include: pool, ample parking, large pylon sign and visibility from Highway 84 and Interstate 20.
The location offers an excellent mix of hotels and restaurants and sits adjacent to US Route 84. This highway runs a length of about 1,919 miles from Colorado and passes through New Mexican, Texas, Louisiana, Mississippi, Alabama and ends in Georgia.
Potential buyers have the opportunity to create value through a renovation and repositioning of the asset, which is currently managed by out-of-state absentee owners. Current revenues are well below the competitive set within the city of Sweetwater. 2019 data shows Occupancy at 59.3%, ADR at $75.83 and RevPAR at $45. The RevPAR indicates a potential for this hotel to generate over $1.2M in revenues. A new owner can achieve the increased income by completing a renovation, repositioning the advertising strategy to online websites and adding amenities like continental breakfast.

• Platform Fee: 5% of the Winning Bid Amount, $20,000 minimum
• $5,000 Participation Deposit Required

• 79 Rooms Value Add
• ​Pool and Ample Parking
• ​Manager’s Unit with 1 Bed/1 Bath & Full Kitchen
• ​Excellent Highway 84 & Interstate 20 Visibility
• ​Along Excellent Retail Corridor
• ​Blocks From Rolling Plains Memorial Hospital
• ​Minutes from Texas State Technical College & Avenger Field Airport
• ​Absentee Ownership Ready to Retire

The location offers an excellent mix of hotels and restaurants and sits adjacent to US Route 84. This highway runs a length of about 1,919 miles from Colorado and passes through New Mexican, Texas, Louisiana, Mississippi, Alabama and ends in Georgia.

Potential buyers have the opportunity to create value through a renovation and repositioning of the asset, which is currently managed by out-of-state absentee owners. Current revenues are well below the competitive set within the city of Sweetwater. 2019 data shows Occupancy at 59.3%, ADR at $75.83 and RevPAR at $45. The RevPAR indicates a potential for this hotel to generate over $1.2M in revenues. A new owner can achieve the increased income by completing a renovation, repositioning the advertising strategy to online websites and adding amenities like continental breakfast.

• 79 Rooms Value Add
• Pool and Ample Parking
• Manager’s Unit with 1 Bed/1 Bath & Full Kitchen
• Excellent Highway 84 & Interstate 20 Visibility
• Along Excellent Retail Corridor
• Blocks From Rolling Plains Memorial Hospital
• Minutes from Texas State Technical College & Avenger Field Airport
• Absentee Ownership Ready to Retire
• SELLER FINANCING AVAILABLE