Holiday Inn Express & Suites
Market Price
200 Heinrich Street, Schulenburg, TX 78956
For Sale
Unknown Listing Type
Active
Last Updated: 06/12/2023
35,000 sqft
Building Size
1.56 acres
Lot Area
Details:
Building Size: 35,000 sqft
Lot Area: 1.56 acres
Occupancy: 76%
Description:
Welcome to the Holiday Inn Express and Suites Hotel in Texas! The hotel is 70-room, interior corridor, midscale hotel located on I-10 Interstate in Texas. TTM revenues for March 2023 has been close to $2.2 Million. Ownership is projecting $2.3+ Million revenues for 2023 as this hotel is located on the main Interstate between San Antonio and Houston. New ownership has an opportunity to take advantage of the strong market, implement better revenue management techniques, and improve, RevPAR; going forward, post-completion of PIP, 15 year license is available.
Location

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