Address:
Del Rio, TX, Texas
Description:
UNDER CONTRACT
- Fee simple interest in the 96-room Studio 6 Del Rio, TX priced at a fraction of replacement cost
- Offered unencumbered of management and debt in the July 29 auction event on Ten-x.com
- Resilient extended stay economy product, 68.7% occupancy in June 2020
- Only branded extended stay in the market, many branding options available
- All-suite hotel, potential multifamily conversion
- Proximate a high traffic US-Mexico border crossing with over 3.3 million vehicle crossings in 2017
- Located nearby US-90 and along US 377 with over 11,000 vehicles passing by daily
- Convenient location near Laughlin Air Force Base, the largest pilot training base in the US with over 4,700 employees
- Less than 10 minutes away from the largest area hospital, Val Verde Regional Medical Center
- Val Verde Correctional Facility approximately 6 miles away with approximately 300 employees
- Property located less than three miles from area colleges SW Texas Junior College and Rio Grande College
Listing Agents
Hussain Waseem
T: 773.526.8713
Email
Sam Pewitt
T: 480.744.7495
Email
Categories List:
Extended Stay
Under Contract
