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Brownwood, TX 76801
$1,650,000

About this home

Prime Hospitality Investment Available in Brownwood Tx. The Gate 1 Inn offers a rare value-add opportunity in one of Brownwood’s fastest-growing areas. This 56-room hotel includes a mix of double queen and king suites, a private 3 bed, 2 bath owner’s apartment, a welcoming front lobby, laundry area with ample storage, guest laundry, multiple storage buildings, large truck parking, and a clubhouse with rental potential. Ideally located near Brownwood’s medical and industrial districts, the property draws year-round demand from business travelers, contractors, and extended-stay guests. Nearby employers such as Brownwood Regional Medical Center, Kohler, 3M, and Superior Cable collectively employ more than 2,500 workers, creating a strong lodging base. The property also shares parking with The Section Hand Restaurant, which is available for purchase, creating an opportunity to combine dining and lodging operations. Situated on a high-traffic corridor with over 10,000 vehicles daily, the hotel benefits from excellent visibility and access. Brownwood is undergoing rapid growth with a new event center, downtown redevelopment projects, and expanding commercial and residential activity—all expected to increase visitor and resident demand. Current market hotel rates average $150 per night, leaving significant upside for new ownership. Updating the property’s exterior appeal, improving amenities, and implementing modern marketing strategies could quickly raise rates and occupancy. With direct visitor spending exceeding $65 million annually, this property is positioned to serve a diverse guest base, from travelers and event attendees to healthcare and industrial workers. The Gate 1 Inn is a unique chance to acquire an underperforming asset with strong growth potential in a thriving market.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
27902
Living Area
0
Lot Size (Acres)
4.338
Property Subtype
Hotel/Motel
Property Type
Commercial Sale
Status
Active

Interior

Accessibility Features
Accessible Doors
Cooling
Central Air
Fireplaces
0
Flooring
Luxury Vinyl Plank, Other
Heating
Central

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Brownwood
County
Brown
ZIP Code
76801
State
TX
Subdivision
None

Financial

Price
1650000

Utilities

Sewer
Public Sewer
Utilities
Electricity Available, Phone Available, Sewer Available, Water Available

Listing Details

Listing Agent
Jennifer Stewart
Listing Office
Turnkey Realty LLC
MLS #
21055316
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21055316

Listing agents

Listing AgentJennifer StewartTurnkey Realty LLC
Co-Listing AgentJordan Barton

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