Hotels for Sale

Studio 6 Del Rio, TX

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

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