Hotels for Sale

BAYMONT INN & SUITES BY WYNDHAM CUERO, TX

Address:
Cuero, TX, Texas
Description:

UNDER CONTRACT

  • Fee simple interest in the lender-owned, 74 room Baymont Inn & Suites Cuero TX offered at a substantial discount to replacement cost
  • Property offered for individual sale in the March 25th auction, as part of a larger three asset Texas portfolio affording buyers the opportunity to purchase multiple assets with strong operating economies of scale across Southern Texas
  • Offered unencumbered of management or debt with the ability to retain the Baymont flag with a new long-term license
  • Significant operational upside for a prospective owner in taking over for the current larger national third party operator, and the lender who came into ownership of the asset in mid 2016
  • Situated directly adjacent to and directly visible from US Route 87, the primary commercial corridor in downtown Cuero
  • Readily accessible via US Route 87 and US Route 183 offering proximity to all broader Eagle Ford Shale demand and the larger San Antonio and Houston MSA's
  • Strong projected demand growth on the heals of a 23.5% population increase since 2010 for the town of Cuero
  • Eagle Ford Shale remains a target for expanded production with the US becoming a net oil exporter in 2019 for the first time in decades

Listing Agents

Mason McDavid
T | 512.543.4653
Email

Kami Burnette
T | 512.831.5605
Email

Subu Thiagarajan
T: 510.205.7931
Email
BRE #01891134

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