Hotels for Sale

HOLIDAY INN EXPRESS & SUITES COTULLA, TX

Address:
Cotulla, Texas
Description:

UNDER CONTRACT

  • Fee simple interest in the institutionally owned and third-party managed 79-room Holiday Inn Express & Suites Cotulla TX offered at a substantial discount to replacement cost
  • Property offered for individual sale in the April 7th auction event as part of larger seven asset Texas, Louisiana, and Oklahoma portfolio affording the buyers the opportunity to purchase multiple assets with strong regional operating economies of scale
  • Ability for qualified buyers to retain the Holiday Inn Express & Suites flag with a new long-term 15-year license upon completion of the PIP
  • Strong operational upside for prospective buyers with a focused local / regional strategy and market knowledge
  • Situated directly adjacent to and directly visible from Interstate-35, the primary north/south thoroughfare connecting San Antonio and Laredo
  • The Subject benefits from its strategic location within the heart of Eagle Ford Shale which remains a primary target for expanded US oil production with the US
  • Ideal opportunity to invest in Texas, as oil prices continue to rally and are approaching 15-month highs
  • Migration trends continue to heavily favor Texas as residents are attracted to the quality of life and as businesses leaders seek the pro-business environment and lesser tax burden

Listing Agents

Kami Burnette
T | 512.831.5605
Email

Sean Banilivy
T | 516.456.7525
Email

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