P6XPLW'DOZDGL resented by Summit Inn Hotel & Suites
20
1433 IH 35 North, San Marcos, TX 78666 Summit Inn Hotel & Suites Presented by Sumit Dalwadi For more listing information visit:
Transcript of P6XPLW'DOZDGL resented by Summit Inn Hotel & Suites
1433 IH 35 North, San Marcos, TX 78666
Summit Inn Hotel & SuitesPresented bySumit Dalwadi
For more listing information visit:
PLEASE DO NOT CONTACT PROPERTY DIRECTLY! 92 Unit Hotel for sale in the HOT college town ofSan Marcos! The property is fully equipped with a fitness center, pool, guest laundry, and a banquethall. All rooms have recently replaced carpet, and wall mounted flat screen TV's. Separate managersapartment onsite!
Price: $3,400,000
Price: $3,400,000
No. Rooms: 92
Building Size:
Price/Room:
Property Type:
57,209 SF
$41,304.35Hotel & Motel
Property Sub-type: Economy/Limited Service
Property Use Type: Investment
No. Stories: 2
1433 IH 35 North, San Marcos, TX 78666
Property Details
Summit Inn Hotel & Suites
For more listing information visit:
Location DescriptionSan Marcos is a HOT market with a number ofdemand generators. It is in close proximity to thefamous San Marcos Outlets, Texas StateUniversity, Schlitterbahn Water Park, and the newlyannounced Amazon distribution center which isalready under construction. These are just a fewof the great reasons for San Marcos being thefastest growing cities for the third consecutiveyear!
1433 IH 35 North, San Marcos, TX 78666
Location
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Financial Summary
Summit Inn Hotel & Suites
Total Rooms Rented 18,389
ADR 50.37
RevPar 27.73
Occupancy Percent 55.05%
Revenue
Room Revenue 921,998
Telephone Revenue 0
Misc. Revenue 18,320
Total Revenue 940,319
Departmental Expenses
Summary
Room Expenses 239,009
Telephone Expenses 12,083
Misc. Expenses 858
Total Departmental Expenses 251,951
Total Departmental Income 688,368
Undistributed Operating Expenses
Administrative & General 113,040
Sales & Marketing 1,424
Repairs & Maintenance 69,169
Utilities 73,519
Total Undistributed Operating Expenses 257,152
Gross Operating Profit 431,216
Profit & Loss Statement
Company: Jay Shree Laxmi Hospitality, LLC Property: Summit Inn Hotel & Suites San Marcos
As of 12/31/2014
YTD
Report Provided By Dalwadi Hospitality Management, LLC
Total Rooms Rented 19,429
ADR 52.10
RevPar 30.47
Occupancy Percent 58.49%
Revenue
Room Revenue 1,003,848
Telephone Revenue -199
Misc. Revenue 10,540
Total Revenue 1,014,189
Departmental Expenses
Summary
Room Expenses 276,866
Telephone Expenses 6,813
Misc. Expenses 1,557
Total Departmental Expenses 285,235
Total Departmental Income 728,953
Undistributed Operating Expenses
Administrative & General 89,344
Sales & Marketing 1,550
Repairs & Maintenance 40,957
Utilities 100,955
Total Undistributed Operating Expenses 232,806
Gross Operating Profit 496,148
Profit & Loss Statement
Company: Jay Shree Laxmi Hospitality, LLC Property: Summit Inn Hotel & Suites San Marcos
As of 12/31/2015
YTD
Report Provided By Dalwadi Hospitality Management, LLC
Total Rooms Rented 17,419
ADR 49.31
RevPar 25.79
Occupancy Percent 52.30%
Revenue
Room Revenue 858,856
Telephone Revenue 0
Misc. Revenue 3,778
Total Revenue 862,634
Departmental Expenses
Summary
Room Expenses 337,562
Telephone Expenses -40
Misc. Expenses 716
Total Departmental Expenses 338,238
Total Departmental Income 524,396
Undistributed Operating Expenses
Administrative & General 70,995
Sales & Marketing 421
Repairs & Maintenance 36,560
Utilities 97,534
Total Undistributed Operating Expenses 205,511
Gross Operating Profit 318,885
Profit & Loss Statement
Company: Jay Shree Laxmi Hospitality, LLC Property: Summit Inn Hotel & Suites San Marcos
As of 12/31/2016
YTD
Report Provided By Dalwadi Hospitality Management, LLC
1433 IH 35 North, San Marcos, TX 78666
Property Photos
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Property Photos
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Property Photos
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Population 1-mi. 3-mi. 5-mi.
2015 Male Population 3,669 23,632 32,415
2015 Female Population 3,923 23,018 32,235
% 2015 Male Population 48.33% 50.66% 50.14%
% 2015 Female Population 51.67% 49.34% 49.86%
2015 Total Population: Adult 6,985 40,171 54,526
2015 Total Daytime Population 6,114 49,039 71,716
2015 Total Employees 2,642 22,479 35,547
2015 Total Population: Median Age 23 24 24
2015 Total Population: Adult Median Age 19 26 29
2015 Total population: Under 5 years 202 1,807 2,732
2015 Total population: 5 to 9 years 156 1,644 2,621
2015 Total population: 10 to 14 years 155 1,595 2,716
2015 Total population: 15 to 19 years 555 7,006 8,163
2015 Total population: 20 to 24 years 4,296 16,020 19,589
2015 Total population: 25 to 29 years 863 4,519 5,739
2015 Total population: 30 to 34 years 269 2,325 3,367
2015 Total population: 35 to 39 years 167 1,628 2,537
2015 Total population: 40 to 44 years 144 1,537 2,495
2015 Total population: 45 to 49 years 130 1,289 2,206
2015 Total population: 50 to 54 years 118 1,358 2,297
2015 Total population: 55 to 59 years 110 1,366 2,405
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Population (Cont.) 1-mi. 3-mi. 5-mi.
2015 Total population: 60 to 64 years 100 1,266 2,105
2015 Total population: 65 to 69 years 86 1,060 1,865
2015 Total population: 70 to 74 years 70 689 1,260
2015 Total population: 75 to 79 years 61 545 932
2015 Total population: 80 to 84 years 48 468 744
2015 Total population: 85 years and over 62 528 877
% 2015 Total population: Under 5 years 2.66% 3.87% 4.23%
% 2015 Total population: 5 to 9 years 2.05% 3.52% 4.05%
% 2015 Total population: 10 to 14 years 2.04% 3.42% 4.20%
% 2015 Total population: 15 to 19 years 7.31% 15.02% 12.63%
% 2015 Total population: 20 to 24 years 56.59% 34.34% 30.30%
% 2015 Total population: 25 to 29 years 11.37% 9.69% 8.88%
% 2015 Total population: 30 to 34 years 3.54% 4.98% 5.21%
% 2015 Total population: 35 to 39 years 2.20% 3.49% 3.92%
% 2015 Total population: 40 to 44 years 1.90% 3.29% 3.86%
% 2015 Total population: 45 to 49 years 1.71% 2.76% 3.41%
% 2015 Total population: 50 to 54 years 1.55% 2.91% 3.55%
% 2015 Total population: 55 to 59 years 1.45% 2.93% 3.72%
% 2015 Total population: 60 to 64 years 1.32% 2.71% 3.26%
% 2015 Total population: 65 to 69 years 1.13% 2.27% 2.88%
% 2015 Total population: 70 to 74 years 0.92% 1.48% 1.95%
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Population (Cont.) 1-mi. 3-mi. 5-mi.
% 2015 Total population: 75 to 79 years 0.80% 1.17% 1.44%
% 2015 Total population: 80 to 84 years 0.63% 1.00% 1.15%
% 2015 Total population: 85 years and over 0.82% 1.13% 1.36%
2015 White alone 5,725 35,610 49,297
2015 Black or African American alone 619 2,796 3,507
2015 American Indian and Alaska Native alone 51 397 599
2015 Asian alone 149 958 1,120
2015 Native Hawaiian and OPI alone 7 68 104
2015 Some Other Race alone 833 5,340 7,983
2015 Two or More Races alone 208 1,481 2,040
2015 Hispanic 2,699 19,358 28,143
2015 Not Hispanic 4,893 27,292 36,507
% 2015 White alone 75.41% 76.33% 76.25%
% 2015 Black or African American alone 8.15% 5.99% 5.42%
% 2015 American Indian and Alaska Native alone 0.67% 0.85% 0.93%
% 2015 Asian alone 1.96% 2.05% 1.73%
% 2015 Native Hawaiian and OPI alone 0.09% 0.15% 0.16%
% 2015 Some Other Race alone 10.97% 11.45% 12.35%
% 2015 Two or More Races alone 2.74% 3.17% 3.16%
% 2015 Hispanic 35.55% 41.50% 43.53%
% 2015 Not Hispanic 64.45% 58.50% 56.47%
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Population (Cont.) 1-mi. 3-mi. 5-mi.
2015 Not Hispanic: White alone 3,070 18,868 23,243
2015 Not Hispanic: Black or African American alone 297 2,309 2,580
2015 Not Hispanic: American Indian and Alaska Native alone 18 122 152
2015 Not Hispanic: Asian alone 89 439 478
2015 Not Hispanic: Native Hawaiian and OPI alone 4 33 37
2015 Not Hispanic: Some Other Race alone 22 50 77
2015 Not Hispanic: Two or More Races 85 432 528
% 2015 Not Hispanic: White alone 58.93% 53.69% 51.34%
% 2015 Not Hispanic: Black or African American alone 5.70% 6.57% 5.70%
% 2015 Not Hispanic: American Indian and Alaska Native alone 0.35% 0.35% 0.34%
% 2015 Not Hispanic: Asian alone 1.71% 1.25% 1.06%
% 2015 Not Hispanic: Native Hawaiian and OPI alone 0.08% 0.09% 0.08%
% 2015 Not Hispanic: Some Other Race alone 0.42% 0.14% 0.17%
% 2015 Not Hispanic: Two or More Races 1.63% 1.23% 1.17%
Population Change 1-mi. 3-mi. 5-mi.
Total: Employees (NAICS) n/a n/a n/a
Total: Establishements (NAICS) n/a n/a n/a
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Population Change (Cont.) 1-mi. 3-mi. 5-mi.
2015 Total Population 7,592 46,650 64,650
2015 Households 3,265 16,258 22,739
Population Change 2010-2015 701 5,380 7,483
Household Change 2010-2015 213 1,521 2,114
% Population Change 2010-2015 10.17% 13.04% 13.09%
% Household Change 2010-2015 6.98% 10.32% 10.25%
Population Change 2000-2015 2,382 11,505 19,379
Household Change 2000-2015 623 3,949 7,151
% Population Change 2000 to 2015 45.72% 32.74% 42.81%
% Household Change 2000 to 2015 23.58% 32.08% 45.88%
Housing 1-mi. 3-mi. 5-mi.
2015 Housing Units 2,743 13,024 16,506
2015 Occupied Housing Units 2,642 12,309 15,589
2015 Owner Occupied Housing Units 198 3,886 6,126
2015 Renter Occupied Housing Units 2,444 8,423 9,463
2015 Vacant Housings Units 101 715 918
% 2015 Occupied Housing Units 96.32% 94.51% 94.44%
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Housing (Cont.) 1-mi. 3-mi. 5-mi.
% 2015 Owner occupied housing units 7.49% 31.57% 39.30%
% 2015 Renter occupied housing units 92.51% 68.43% 60.70%
% 2000 Vacant housing units 3.68% 5.49% 5.56%
Income 1-mi. 3-mi. 5-mi.
2015 Household Income: Median $23,088 $28,382 $31,953
2015 Household Income: Average $32,199 $43,042 $47,718
2015 Per Capita Income $15,442 $18,359 $19,379
2015 Household income: Less than $10,000 783 2,946 3,531
2015 Household income: $10,000 to $14,999 328 1,454 1,891
2015 Household income: $15,000 to $19,999 338 1,536 2,099
2015 Household income: $20,000 to $24,999 297 1,323 1,701
2015 Household income: $25,000 to $29,999 356 1,286 1,734
2015 Household income: $30,000 to $34,999 119 786 1,058
2015 Household income: $35,000 to $39,999 224 963 1,320
2015 Household income: $40,000 to $44,999 131 926 1,287
2015 Household income: $45,000 to $49,999 39 359 596
2015 Household income: $50,000 to $59,999 144 780 1,343
2015 Household income: $60,000 to $74,999 274 1,510 2,255
2015 Household income: $75,000 to $99,999 138 1,098 1,743
2015 Household income: $100,000 to $124,999 42 518 785
2015 Household income: $125,000 to $149,999 16 286 515
2015 Household income: $150,000 to $199,999 17 298 525
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Income (Cont.) 1-mi. 3-mi. 5-mi.
2015 Household income: $200,000 or more 19 189 356
% 2015 Household income: Less than $10,000 23.98% 18.12% 15.53%
% 2015 Household income: $10,000 to $14,999 10.05% 8.94% 8.32%
% 2015 Household income: $15,000 to $19,999 10.35% 9.45% 9.23%
% 2015 Household income: $20,000 to $24,999 9.10% 8.14% 7.48%
% 2015 Household income: $25,000 to $29,999 10.90% 7.91% 7.63%
% 2015 Household income: $30,000 to $34,999 3.64% 4.83% 4.65%
% 2015 Household income: $35,000 to $39,999 6.86% 5.92% 5.81%
% 2015 Household income: $40,000 to $44,999 4.01% 5.70% 5.66%
% 2015 Household income: $45,000 to $49,999 1.19% 2.21% 2.62%
% 2015 Household income: $50,000 to $59,999 4.41% 4.80% 5.91%
% 2015 Household income: $60,000 to $74,999 8.39% 9.29% 9.92%
% 2015 Household income: $75,000 to $99,999 4.23% 6.75% 7.67%
% 2015 Household income: $100,000 to $124,999 1.29% 3.19% 3.45%
% 2015 Household income: $125,000 to $149,999 0.49% 1.76% 2.26%
% 2015 Household income: $150,000 to $199,999 0.52% 1.83% 2.31%
% 2015 Household income: $200,000 or more 0.58% 1.16% 1.57%
Retail Sales Volume 1-mi. 3-mi. 5-mi.
2015 Childrens/Infants clothing stores $785,106 $4,049,741 $5,756,603
2015 Jewelry stores $274,132 $1,407,836 $2,015,000
2015 Mens clothing stores $895,783 $4,657,992 $6,656,439
2015 Shoe stores $894,477 $4,678,749 $6,700,688
Summit Inn Hotel & Suites
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.
2015 Womens clothing stores $1,411,327 $7,539,087 $10,890,775
2015 Automobile dealers $10,163,660 $55,455,407 $80,809,036
2015 Automotive parts and accessories stores $2,071,952 $11,162,130 $16,197,676
2015 Other motor vehicle dealers $318,228 $1,640,385 $2,357,518
2015 Tire dealers $926,836 $4,987,141 $7,233,768
2015 Hardware stores $34,398 $205,787 $307,473
2015 Home centers $338,966 $2,007,092 $3,017,588
2015 Nursery and garden centers $393,783 $2,359,278 $3,567,176
2015 Outdoor power equipment stores $186,104 $1,110,322 $1,665,395
2015 Paint andwallpaper stores $47,388 $262,026 $384,007
2015 Appliance, television, and other electronics stores $1,345,532 $7,387,252 $10,798,425
2015 Camera andphotographic supplies stores $101,826 $559,659 $814,211
2015 Computer andsoftware stores $4,191,507 $22,001,496 $31,562,362
2015 Beer, wine, and liquor stores $736,729 $3,852,650 $5,525,167
2015 Convenience stores $3,522,192 $18,055,997 $25,656,311
2015 Restaurant Expenditures $2,839,400 $15,270,630 $22,128,689
2015 Supermarkets and other grocery (except convenience) stores $12,055,201 $63,225,640 $90,674,503
2015 Furniture stores $1,007,864 $5,405,942 $7,853,064
2015 Home furnishings stores $3,346,750 $18,331,752 $26,779,008
2015 General merchandise stores $17,531,757 $96,237,236 $140,539,119
2015 Gasoline stations with convenience stores $10,250,551 $53,849,333 $77,277,590
Summit Inn Hotel & Suites
For more listing information visit:http://www.crelisting.net/C1O2drH7A/?StepID=107
For more listing information visit:
1433 IH 35 North, San Marcos, TX 78666
Demographics
Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.
2015 Other gasoline stations $7,154,919 $37,979,870 $54,718,832
2015 Department stores (excl leased depts) $17,257,625 $94,829,400 $138,524,119
2015 General merchandise stores $17,531,757 $96,237,236 $140,539,119
2015 Other health and personal care stores $689,001 $3,759,772 $5,480,110
2015 Pharmacies and drug stores $2,799,381 $15,240,266 $22,194,862
2015 Pet and pet supplies stores $751,111 $4,087,900 $5,949,793
2015 Book, periodical, and music stores $108,795 $599,593 $878,608
2015 Hobby, toy, and game stores $339,851 $1,813,341 $2,619,344
2015 Musical instrument and supplies stores $33,758 $179,660 $260,597
2015 Sewing, needlework, and piece goods stores $58,155 $322,129 $473,200
2015 Sporting goods stores $306,865 $1,683,108 $2,444,106
Summit Inn Hotel & Suites
For more listing information visit:
[email protected](832) 721-2287License: 585723
3033 Chimney Rock Suite 305 Houston, TX 77056
Sumit Dalwadi
Current Occupation: Broker
Education: MBA
Website: http://www.jdrealestate.com
1433 IH 35 North, San Marcos, TX 78666
Broker Profile
Summit Inn Hotel & Suites
