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Holiday Inn Express & Suites Floresville 929 10th St 84 Room Hotel Floresville, TX 78114 $8,586,442 CAD ($102,220 CAD/Room)
INVESTMENT HIGHLIGHTS
- The hotel has recorded a stable revenue average of $1,906,484 annually over the last three years, reflecting steady market demand.
- This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost, at less than $74,000 per key.
- Upon approval from the franchisor and completion of the PIP, an investor can expect a new, 15-year license agreement with IHG.
- The hotel’s rooms revenue for the year-to-date period through July 2025 increased by 1.0%, compared to the same period last year.
- The presence of the Eagle Ford Shale attracts workers and business travelers, boosting demand for lodging accommodations.
EXECUTIVE SUMMARY
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=155566
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 84-key Holiday Inn Express & Suites Floresville, a limited-service hotel asset located in Floresville, Texas, approximately 35 miles southeast of San Antonio. The property benefits from its central location within the Eagle Ford Shale region, one of the largest oil-and-gas (O&G) producing areas in the United States.
PRICE REDUCTION: $6,200,000
Ownership is motivated to sell the property and has agreed to reduce the price to $6,200,000, or $73,810 per key. Please contact Andrew Frosch for more details.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 84-key Holiday Inn Express & Suites Floresville, a limited-service hotel asset located in Floresville, Texas, approximately 35 miles southeast of San Antonio. The property benefits from its central location within the Eagle Ford Shale region, one of the largest oil-and-gas (O&G) producing areas in the United States.
PRICE REDUCTION: $6,200,000
Ownership is motivated to sell the property and has agreed to reduce the price to $6,200,000, or $73,810 per key. Please contact Andrew Frosch for more details.
PROPERTY FACTS
| Price | $8,586,442 CAD | Building Size | 45,350 SF |
| Price Per Room | $102,220 CAD | No. Rooms | 84 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2013/2016 |
| Property Subtype | Hotel | Parking Ratio | 2.34/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.35 AC | ||
| Zoning | None | ||
| Price | $8,586,442 CAD |
| Price Per Room | $102,220 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.35 AC |
| Building Size | 45,350 SF |
| No. Rooms | 84 |
| No. Stories | 3 |
| Year Built/Renovated | 2013/2016 |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 17 | $192.50 CAD | - |
| Guest Room | 67 | $167.57 CAD | - |
PROPERTY TAXES
| Parcel Number | 52428 | Improvements Assessment | $4,013,575 CAD |
| Land Assessment | $788,058 CAD | Total Assessment | $4,801,633 CAD |
PROPERTY TAXES
Parcel Number
52428
Land Assessment
$788,058 CAD
Improvements Assessment
$4,013,575 CAD
Total Assessment
$4,801,633 CAD
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Holiday Inn Express & Suites Floresville | 929 10th St
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