Holiday Inn Express – Pearsall, TX

Listing Agents

Kami Burnette
T | 512.574.1786
kburnette@paramountlodging.com

Subu Thiagarajan
T | 510.205.7931
subu@paramountlodging.com

Detailed Information
Property Highlights

UNDER CONTRACT

  • Fee simple interest in the lender-owned, 74 room Holiday Inn Express Pearsall 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 Holiday Inn Express flag for a new, long-term license upon completing the change of ownership PIP
  • Significant operational upside for a prospective owner in taking over for the current larger national third-party management and the lender who came into ownership of the asset in mid 2016
  • Situated directly adjacent to and directly visible from Interstate-35, the primary north/south thoroughfare connecting San Antonio and Laredo
  • Readily accessible via Interstate-35 connecting Pearsall with all regional Frio County demand and the broader San Antonio MSA
  • 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
Location