Econo Lodge Sonora
1312 N Service Rd
Sonora, TX 76950
Highlights
- Offered at a current cap rate of 6.1%
- Offered at $27,980 per key
- Excellent highway access for the transportation of goods and services
- Popular lodging choice among those traveling long distances
- Strategically located at the intersection of I-10 and US-227
- Profitable business (2020 decline due to pandemic)
- Meeting room and conference space on site
Description
We are pleased to present Econo Lodge in Sonora, Texas, listed exclusively with Tabani Realty. The subject hotel has 99 guestrooms and is offered at $27,980 per key. The hotel is equipped with exterior corridors and guestrooms are spread across two floors. The overall building size is 27,194 SF and sits on 3.105 acres of land which is included in the sale.
The motel is popular among transient visitors needing a place to stay along their route to a destination. Located at mile marker 400 on Interstate Highway 10, Sonora is exactly halfway between the Florida and California coastlines and exactly halfway across the State of Texas, between Beaumont and El Paso. Sonora is situated on U.S. Hwy 277 and is a member of the coalition of communities developing the north/south Ports-to-Plains International Trade Corridor connecting the United States and our major trading partners, Mexico and Canada.
Sonora is a city located in Sutton County, Texas, which is situated in the western part of the state, approximately 150 miles west of San Antonio. Sonora has a population of around 3,000 people. The small town is known for its beautiful natural surroundings and outdoor recreational opportunities. Sonora is situated amidst the rolling hills and rugged terrain of the Texas Hill Country. One of the notable attractions in Sonora is the Caverns of Sonora, which is a natural cave system.
The city of Sonora also hosts various events and festivals throughout the year. The Sutton County Days celebration, held in March, showcases the local heritage and includes activities like parades, rodeos, and live music performances. The Fourth of July celebrations in Sonora are known for their fireworks displays and family-friendly festivities. Economically, Sonora is primarily supported by ranching, agriculture, and oil and gas industries. The region is known for its ranches and livestock production, with cattle ranching being a significant part of the local economy.
Sonora is situated along Interstate 10 (I-10), which provides convenient access to Sonora from neighboring cities and states. State Highway 55 also passes through Sonora, connecting it to nearby towns. Sonora is served by the Sonora Municipal Airport (KSOA). This airport primarily caters to general aviation and private aircraft. For commercial air travel, the closest major airports are San Antonio International Airport (around 160 miles east of Sonora) and Midland International Air and Space Port (around 130 miles northwest of Sonora).
