Hotels for Sale

HOLIDAY INN EXPRESS & SUITES PEARSALL, TX

Address:
Pearsall, TX, Texas
Description:

UNDER CONTRACT

  • Fee simple interest in the lender-owned, 79 room Holiday Inn Express Pearsall 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 Holiday Inn Express flag with a new long-term license
  • Significant operational upside for a prospective owner in taking over for the current larger national third party management and the lender who came into ownership of the asset in mid 2016
  • Situated directly adjacent to and directly visible from Interstate-35, the primary north/south thoroughfare connecting San Antonio and Laredo
  • Readily accessible via Interstate-35 connecting Pearsall with all regional Frio County demand and the broader San Antonio MSA
  • 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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