Tax & Insurance Not Included
estimate based on down, interest for
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Located in the heart of the San Angelo Business District, this 75-room hotel would make a great investment. This property sits right off of Highway 87 where it bisects the city as well as right next to Beauregard which is a major road in San Angelo. A vibrant downtown with restaurants, shopping, museums, and a beautiful river walk are all within a short walk or drive from the property. Located within a ten minute walk to the San Angelo Visitor Center, half a mile to The International Water Lily Garden and less than a mile to Shannon Medical Center. The city gladly reported Q3 for 2023 hotel occupancy up 6.3% with continued growth expected. A full San Angelo economic review is available upon request. The hotel offers a restaurant space and events spaces that will draw a crowd and add revenue. Plus, an additional parking lot located directly behind the hotel will convey. There is an indoor pool that will allow for the perfect relaxing end to a day after exploring Downtown San Angelo.
[Sub Agency Fee: no | Buyer Broker Fee: 2 | Dual/Var Comm: Yes]
(The Listing Brokers offer of compensation is made only to participants of the MLS where the listing is filed.)