Studio City Suites | Newly Converted Travelodge
$500,000
1924 Saint Michael Drive, Texarkana, TX 75503
79
Keys
2016
Year Last Renovated
Details:
Highlights:
- Fee Simple Interest in 79-Key Hotel: Fee simple ownership of the Studio City Suites by Travelodge Wyndham in Texarkana, Texas.
- Fully Renovated All-Studio Kitchenettes: 2016 renovation delivers kitchenettes in every unit, appealing to nightly and extended stays.
- Newly Converted Wyndham Travelodge Flag: Property was previously non-hotel use before its recent Travelodge relicensing and conversion.
- 31% Occupancy vs. 61% Comp-Set Average: Trailing occupancy of 31% versus a 61% comp-set average signals substantial ramp-up upside.
- Minimal CapEx, Stable 62% Expense Ratio: Straightforward execution with limited near-term capital needs and predictable operating costs.
- SBA 7(a)-Eligible Value-Add Financing: SBA 7(a) financing eligibility supports projected 14.2%-18.9% Year 1 cash-on-cash returns.
Description:
For more information visit:
https://rimarketplace.com/auction/3366/hospitality/texarkana/tx?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=october21_2026&utm_content=hospitality_3366
RealINSIGHT Marketplace, in partnership with AQRE Advisors, is pleased to present the Studio City Suites by Travelodge Wyndham, a 79-room, all-studio hotel offered fee simple in Texarkana, Texas. Fully renovated in 2016 with kitchenettes in every unit, the property was recently converted and relicensed under Wyndham's Travelodge flag, having not previously operated as a hotel. Trailing actual occupancy of approximately 31% compares to a 61% comp-set average per March 2025 STR data, pointing to substantial ramp-up potential under improved management and Wyndham's distribution platform. Minimal near-term capital needs and a stable 62% expense ratio support a straightforward value-add execution, and the asset is SBA 7(a) financing eligible, enhancing leverage toward projected 14.2%-18.9% Year 1 cash-on-cash returns. Positioned directly off Interstate 30, Texarkana's primary commercial corridor, the hotel sits within a dual-state metro of 150,000-plus anchored by healthcare, manufacturing, education, and government/military employment.
Location
Positioned directly off Interstate 30 at the St. Michael Dr interchange, Texarkana's primary commercial corridor, roughly 7.6 miles from Texarkana Regional Airport. The hotel is minutes from CHRISTUS St. Michael Health System, Wadley Regional Medical Center, and Texas A&M University-Texarkana, and convenient to both the Texarkana and Arkansas Convention Centers.
Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM
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Location
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