Property Details
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Laura Life
Winston Properties, LLC
phone: (817) 964-0800
mobile: (817) 964-0800
office: (817) 579-5555
fax: (817) 579-5477
www.lauralife.­com

115 W. Pearl Street, Ste. 108
Granbury, TX 76048, United States
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S 4410 Highway 377, Brownwood, Texas 76801, USA
List Price: $2,150,000
Sale price per sqm: 122.47 $
Status: ACT
MLS#: 21055316
Property type: Commercial for sale, Hotel
Property Size: 188,963 sqft (17,554.663 m2)
Land size: 4.34 sqft (0.4 m2)
Building Size: 27,902 sqft (2,592.1 m2)
Property Details
9999 Year Built:
Brick Construction:
Resale Condition:
Wide Doorways Handicapped Features:
Handicapped Features Property Features:
city water, City sewer Utilities:
Central Heating System:
Central Cooling System:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
Parking Lot, Common Lot Parking type:
Remarks
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.


Listing by: Turnkey Realty LLC



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