CONTACT INFORMATION
Barkley Peschel
Direct: +1 281 242 2300
Jeffrey Donnelly
Direct: +1 212 716 3584
Dmitry Levkov
Direct: +1 212 716 3741
Alexander Gornik
Direct: +1 212 716 3748
Tom Franchini
Direct: +1 505 880 7097
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3-HOTEL PORTFOLIO SALE - SOUTHWEST U.S.
Colliers International is pleased to offer a three-hotel portfolio for sale, located in the
southwestern portion of the U.S. The properties are located at 1800 Hwy 97 East, Jourdanton, Texas; 8107 Northeast Zac Lentz Pkwy, Victoria, Texas; and 4630 North Lovington Hwy, Hobbs, New Mexico. The portfolio is offered wholly as a fee simple sale, or individually. The assemblage of properties consists of a total of 193 keys and 111,138 square feet.
PROPERTY FEATURES
- Bank-Owned Property
- +/- 20% Current Occupancy
- Portfolio Sale Price: $11.5 Million
- Hotels Can Be Purchased Individually; Offers Accepted
- Sleep Inn & Suites - Jourdanton, TX: Located on South Side of Hwy 97, Just West of CR 431. Built in 2014; 32,375 SF on 2.10 Acres. 65 Rooms
- Baymont Inn & Suites - Victoria, TX: Located at Southwest Corner of Invitational Dr and Zac Lentz Pkwy. Built in 2011; 38,532 SF on 2.12 Acres. 61 Rooms
- Sleep Inn & Suites - Hobbs, NM: Located in Northeast Quadrant of Lovington Hwy and Scenic Dr. Built in 2008; 40,231 SF on 2.03 Acres. 67 Rooms
- Jourdanton and Victoria Are Located in the Southern Region of Texas in the Eagle Ford Shale Area, with Heavy Oil Producers and Numerous Oil & Gas Companies
- Hobbs is Located Near the New Mexico/Texas Border in the Permian Basin, a Region Well-Established in Oil Production
- Ideal Opportunity for a Hospitality Owner/Operator Looking to Acquire Under Performing Assets at a Steep Discount to the Appraised Value
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