Baymont Inn Cuero, TX

Listing Agents

Kami Burnette
T | 512.574.1786
kburnette@paramountlodging.com

Subu Thiagarajan
T | 510.205.7931
subu@paramountlodging.com

Detailed Information
Location
Property Highlights

UNDER CONTRACT

  • Fee simple interest in the lender-owned, 79-room Baymont Inn & Suites Cuero TX offered at a substantial discount to replacement cost
  • Property offered for individual sale in the November 10th auction, as part of a larger seven asset Texas and New Mexico portfolio affording buyers the opportunity to purchase multiple assets with strong operating economies of scale
  • Offered unencumbered of management or debt with the ability to retain the Wyndham flag with a new long-term license upon completion of the change of ownership PIP
  • Significant operational upside for a prospective owner in taking over for the current larger national third-party operator, and the lender who came into ownership of the asset in mid 2016
  • Situated directly adjacent to and directly visible from US Route 87, the primary commercial corridor in downtown Cuero TX
  • Readily accessible via US Route 87 and US Route 183 offering proximity to all broader Eagle Ford Shale demand and the larger San Antonio and Houston MSAs
  • Strong projected demand growth on the heels of a 23.5% population increase since 2010 for the town of Cuero
  • Optimal time to be investing in the Eagle Ford Shale region as drilling activity is rebounding sharply with September 2021 active rig counts at 36 as compared to nine in the prior year
  • Ongoing redevelopment interest from national retailers for the adjacent parcel
Location