4410 Highway 377 S, Brownwood, TX 76801

• 27,902 sqft

Property Description

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 Status:

Active

Listing Office:

Turnkey Realty LLC : 325-430-2411

Listing Agent:

Jennifer Stewart :

MLS ID:

21055316

Interior

• Flooring: Luxury Vinyl PlankOther
• A/C: Central Air
• Heating: Central
• Disability Feature: Accessible Doors

Exterior

• Parking: AsphaltCommonPavedParking Lot

Construction

• Roofing: Composition
• General: Brick1Slab

Location

• Road/Access: Asphalt
• Originating MLS: NTR
• County: Brown

Lot

• Zoning: TAYLOR SMITHSURVEY 600ABSTRACT 821ACRES000000029431

Utilities

• Utilities: Electricity AvailablePhone AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR
• Exclusions: All personal property in the apartmentgaragecommunity room and the golf cart.

This listing courtesy of Jennifer Stewart, Turnkey Realty LLC