Towneplace Suites by Marriott College Station 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
  • Fee simple interest in the 94-key Towneplace Suites by Marriott College Station TX
  • Property is available for purchase in the December 14th auction event via Ten-X
  • Hotel investment offered at a significant discount to replacement cost with the ability to retain the Marriott flag for a new, long-term license upon franchise approval and PIP requirements
  • Significant opportunity for new ownership to transition from a large institutional ownership and 3rd party management to an owner/operator model and implement new cost controls
  • Strong investment outlook for College Station, Texas’ largest university driven market with nearly 75,000 enrolled students and dedicated alumni base of over 640,000
  • Ideal location on University Drive proximate to Texas A&M University and Kyle Field as well as the new $300M Fujifilm medical manufacturing facility
  • Proximate to significant core demand generators including Texas A&M, Kyle Field, St Joseph Regional Health Center, George Bush Presidential Library, Reed Arena, Sanderson Farms, and Messina Hof Winery
  • Migration trends continue to heavily favor Texas as residents are attracted to the quality of life and as business leaders seek the pro-business environment and lesser tax burden
Location

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.