Marriott Two Pack El Paso, TX

Listing Agents

Kami Burnette
T | 512.574.1786
kburnette@paramountlodging.com

Mason McDavid
T | 512.543.4653
mmcdavid@paramountlodging.com

Detailed Information
Property Highlights

UNDER CONTRACT

  • Fee-simple interest in the institutionally owned and third-party managed 103-key SpringHill Suites and 95-key Fairfield Inn & Suites  El Paso TX
  • Available for portfolio sale allowing for strong operating economies of scale through owning multiple Marriott assets
  • Both hotels were renovated in 2017-2018 and will be delivered unencumbered of debt and management with ability to retain each of the respective flags upon Marriott approval
  • Strong historical operating performance with 2021 RevPAR surpassing 2019 levels by 15% for SpringHill and 22% for Fairfield
  • Optimal location just nine miles north of downtown El Paso with accessibility to the University of Texas at El Paso and Sunland Park Race Track and Casino
  • Proximate to all broader El Paso area demand including downtown El Paso, El Paso Zoo, El Paso Museum of Art, Fort Bliss, National Border Patrol Museum, and Franklin Mountains State Park
  • Reopening of US borders has increased commercial and domestic traffic across the Bridge of the Americas and generated significant demand for hoteliers
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