The 60 guest room Texas hotel for sale is the Super 8 in Nacogdoches and was built in 2009. The beautiful, three-story, interior corridor property is the first hotel that a traveler will encounter when entering Nacogdoches, the oldest town in Texas. It has a very high rate of walk-in business.
The Super 8 is offered at 3 times room revenue and 17% CAP Rate. The property is in the highest RevPAR market in the state and enjoys a 50%+ cash on cash return. The property has 60 guest rooms and is easily managed with extremely low operating cost and delivers strong profits.
This hotel for sale is also located on the Haynesville Shale, the largest natural gas and oil find in the United States and the fourth largest in the world. The property is in close proximity to downtown Nacogdoches and Stephen F. Austin State University.