La Quinta Inn & Suites - Hillsboro, TX

For Sale

1513 Old Brandon Rd, Hillsboro, TX 76645

This Hillsboro property for sale is located at 1513 Old Brandon Rd. The current listed sale price for La Quinta Inn & Suites - Hillsboro, TX is $6,250,000. La Quinta Inn & Suites - Hillsboro, TX is situated on a lot that is 1.5 acre in size.

Contacts

broker

Ryan J. Bodine

NewGen Advisory

Property Details

  • Property Type Other
  • Property Size 38,248 SF
  • Units 65
  • Lot Size 1.5 Acre
  • Additional Rent Contact for pricing
  • Year Built 2009
  • Date Updated Oct 31, 2024
Hillsboro, Texas, is a thriving city strategically located at the I-35 split, providing swift market access just an hour from both Dallas and Fort Worth. This advantageous position connects to major highways like I-35 and U.S. 22, allowing for easy transcontinental travel, while Union Pacific's Class I rail service offers extensive coverage west of the Mississippi. The Port of Houston, a gateway to global trade, is less than four hours away, and the Hillsboro Municipal Airport offers air travel convenience, with international service available an hour's drive away in Dallas. The city is also known for its historic charm, with attractions like the Texas Heritage Museum and Hill County Cell Block Museum drawing in visitors year-round.NewGen Advisory is proud to present for sale the fee simple interest in the La Quinta Inn & Suites in Hillsboro, TX. Situated right off Interstate 35, the hotel enjoys prime positioning between the cities of Waco and Dallas, making it a convenient stopover for travelers exploring these bustling areas. The La Quinta Inn & Suites offers 65 recently renovated guest rooms that are compliant with the latest La Quinta LQUp brand standards with minimal improvements required for the next owner. The property features an outdoor pool along with a business center and fitness center. This is a great opportunity to acquire a franchise hotel with a year-over-year increase in RevPar, in a location with plenty of upside for future growth as its neighboring cities continue to expand.

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Highlights

  • 3 Story Interior Corridor Hotel
  • 65 recently renovated guest rooms with latest LQUp brand standard
  • On-site fitness center, outdoor pool & business center
  • Ideally located off I-35 between Waco and Dallas
  • 30min from Waco, TX (Baylor University) | 50min from Dallas, TX | 50min from Ft. Worth, TX
  • Well Maintained Asset | Strong, Consistent year-over-year RevPar Growth | Offered at 9.2% Cap Rate
  • USDA Loan eligible

Getting around

  • 33/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hillsboro, TX
  • Neighborhood Hillsboro
  • Zip Code 76645
  • Market Central East Texas

Points of Interest

  • Exxon

    0.10 miles

  • Valero

    0.14 miles

  • Chevron

    0.50 miles

  • Mobil

    0.64 miles

  • Love's

    0.67 miles

  • 7-Eleven

    0.69 miles

  • Murphy USA

    1.02 miles

  • Shell

    1.96 miles

  • Texaco

    2.22 miles

  • Tesla Supercharger

    8.24 miles

  • La Quinta Inn & Suites Hillsboro

    0.01 miles

  • Econo Lodge

    0.06 miles

  • Americas Best Value Inn

    0.11 miles

  • Hampton

    0.31 miles

  • Thunderbird Motel

    0.40 miles

  • Quality Inn

    0.56 miles

  • Motel 6

    0.61 miles

  • Super 8

    0.67 miles

  • Fairfield Inn & Suites

    0.73 miles

  • Days Inn

    0.79 miles

  • Walmart Supercenter

    0.97 miles

  • Brookshire's

    2.01 miles

  • Bealls

    2.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan J. Bodine

NewGen Advisory