SpringHill Suites by Marriott El Paso, TX

UNDER CONTRACT

• Fee-simple interest in the institutionally owned and managed 103-key SpringHill Suites by Marriott El Paso
• The 95-key Fairfield Inn & Suites is also being offered, providing buyers the potential to acquire both hotels and capitalize on operating synergies
• 2008-built hotel was renovated in 2016 and will be delivered unencumbered of debt and management with ability to retain flag upon approval
• Strong historical operating performance with YTD October 2022 Revenue surpassing 2019 levels by 12%
• Optimal location just nine miles north of downtown with access to the University of Texas at El Paso and Sunland Park Race Track and Casino
• Other area demand drivers include El Paso Zoo, El Paso Museum of Art, Fort Bliss, National Border Patrol Museum, and Franklin Mountains State Park