1126 Tx-332Clute, TX 77566

For Sale
$4,200,000

136-Key Motel, Newly Renovated

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 136-key motel, the La Quinta Inn by Wyndham Clute Lake Jackson, presents a compelling investment opportunity. Located at 1126 TX-332 in Clute, Texas, 77566, this two-story property boasts a substantial 50,900 square feet on a 2.12-acre lot. Originally built in 1977 and extensively renovated in 2021, the motel offers 25,450 square feet per floor and provides comfortable accommodations for guests. The property benefits from its strategic location in Brazoria County, within a thriving market. A population of 54,051 resides within a five-mile radius, exhibiting a median household income of $72,250, indicating strong potential for consistent occupancy and revenue generation. The asking price for this turnkey hospitality business is $4,200,000. This represents a rare chance to acquire a well-maintained, updated motel in a high-demand area, promising significant returns on investment. The property's recent renovations ensure immediate operational efficiency, minimizing the need for significant capital expenditures. This is an ideal acquisition for investors seeking a stable and profitable addition to their portfolio.

Property Details for 1126 Tx-332

Property type
Other hospitality properties, Motels
Square Feet
50,900 SF
Year Built/Renovated
1977/2021
Stories
2
Lot Size (sq. ft)
92,347 SF

Location Insight

City
Clute
County
Brazoria
State
Texas
Latitude
29.0109877
Longitude
-95.4123536
1126 Tx-332, Clute, Texas

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1126 Tx-332
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