216 SE Georgia, Sweetwater, TX
Hotel for Sale - $1,900,000 - 15,604 Sq. Ft. on 1.87 acres
Property Info
| CIMLS# | 1089511 |
| Location 216 SE Georgia Sweetwater TX 79556 | |
| Updated | September 21st, 2021 |
| Type | Hotel |
| Price | $1,900,000 |
| Building | 15,604 Sq. Ft. |
| Land | 1.87 acres |
Property Description
New Paint, bathrooms & parking lot
ADR: $49.00
Occupancy: 26%
Building Size: 15,604.16 Sq Ft
Lot Size: 1.871 Acre
Converted to an Econo-Lodge in 2019
Located right off Interstate 20
Across from Walmart Supercenter, Wendy
Financials
44 keys
2018 Sales Income:$581,415.27
2018 Gross Income:$513,439.41
2018 Expenses:$487,917
2018 NOI: $-25,522
2019 Sales Income:$364,936.33
2019 Gross Income:$332,816.38
2019 Expenses:$520,253
2019 NOI: $-187,437