La Quinta Inn & Suites - Hillsboro, TX

1513 Old Brandon Rd, Hillsboro, TX 76645

  • For Sale $6,250,000
  • Property Type Other
  • Property Size 38,248 SF
  • Units 65
  • Lot Size 1.5 Acre
  • Year Built 2009
  • Date Updated Apr 24, 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

Contacts

broker

Ryan J. Bodine

NewGen Advisory

(480) 236-9918

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Exxon

    4.94 miles

  • Gulf

    8.10 miles

  • La Quinta Inn & Suites by Wyndham 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

  • Rodeway Inn & Suites

    0.73 miles

  • Days Inn

    0.79 miles

  • Pizza Hut

    0.09 miles

  • El Conquistador

    0.11 miles

  • Braum's

    0.17 miles

  • Up In Smoke BBQ

    0.21 miles

  • El Taco Jalisco

    0.22 miles

  • Wendy's

    0.23 miles

  • Taco Bell

    0.23 miles

  • Lone Star Cafe

    0.27 miles

  • IHOP

    0.58 miles

  • Wok Express

    0.58 miles

  • Hillsboro Elementary School

    0.34 miles

  • Hill College

    0.71 miles

  • Franklin Elementary School

    1.13 miles

  • Hillsboro Intermediate School

    1.43 miles

  • Peabody School

    1.74 miles

  • Hillsboro Junior High School

    1.82 miles

  • Harris School

    2.42 miles

  • Hillsboro High School

    3.02 miles

Frequently Asked Questions

What is the lease rate for La Quinta Inn & Suites - Hillsboro, TX?

Rental asking rate at La Quinta Inn & Suites - Hillsboro, TX is $3,125,000.00/YR.

What is the total square footage of La Quinta Inn & Suites - Hillsboro, TX?

La Quinta Inn & Suites - Hillsboro, TX totals 38,248 square feet.

When was this property built?

La Quinta Inn & Suites - Hillsboro, TX was built in 2009.

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Contact Listing Broker

broker

Ryan J. Bodine

NewGen Advisory

(480) 236-9918