400 Sw H K Dodgen Loop

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 400 Sw H K Dodgen Loop, Temple, Texas, US
Created date: February 15, 2024
Date last updated: May 16, 2024
  • Offered at 10% current cap rate
  • 100 rooms offered at $45K per room
  • Excellent location near Temple Collge, Baylor Scott & White Medical Center, and the Temple V.A. Hospital
  • Surrounded by a variety of restaurants and local attractions
  • Located off of US 190 with easy access to Interstate 35 (I-35)
  • Great guest reviews

Property Description

We are pleased to present the Red Roof Inn located in Temple, TX, listed exclusively with Tabani Realty. The 41,264 SF hotel has 100 rooms and is offered at $45K per key and a 10% current cap rate. The Red Roof Inn sits on 3.38 acres which is also included in the sale. The Red Roof Inn is located on the south side of Temple, Texas, and is approximately one hour and 20 minutes north of Austin, Texas, and 2 hours south of Dallas, Texas. The hotel is near many restaurants, retail shops, and medical centers. The Red Roof Inn is also right next to Temple College. The property is also a 10-minute drive from Draughon-Miller Central Texas Regional Airport (TPL).

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $4,900,000
No. of Units: 100
Average Occupancy: 8.53
Year Built: 1974
Lot Size: 3.38 Sq ft
Opportunity Zone: No
Price per unit: $49,000
Property Website Click Here
Address: 400 Sw H K Dodgen Loop, Temple, TX 76504, USA
Provided by:

Similar Properties in the Area

6557 I-35E

Corinth , Texas
Texas + Hospitality
Units: 86

50 Fm 3278 Road

Coldspring , Texas
Texas + Hospitality

3316 N Central Expy

Plano , Texas
Texas + Hospitality
Units: 101
popup background image