Texas Hotel for Sale | Hampton Inn & Suites with a 19% CAP

texas hotel for sale
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Subhash Naik of Swoboda Hospitality Specialists has listed another high revenue generating hotel in Center, Texas. The Hampton Inn & Suites is a brand new, 66 guest room hotel. It opened in May of 2011 and as of the end of September, the property had a 112% occupancy rate and $128 average daily rate. The hotel is on par to revenue $2.2 million by the end of the 2011.

The three-story, interior corridor hotel for sale was built to the latest Hampton standards including the Perfect Lobby, State-of-the-Art In Room Entertainment center divider in all suites, granite counter tops, the latest Fitness Center, gift and convenience shop, 37″ LCD flat panel televisions, swimming pool and spa. This property requires ZERO upgrades for years to come and ZERO transfer PIP.

For more information, please visit TheHotelInventory.com (more info)

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