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Hilton Garden Inn Victoria 123 Huvar St

118 Room Hotel Victoria, TX 77904 $13,900,000 ($117,797/Room)

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Investment Highlights

Opportunity to acquire the premier Hilton-branded lodging asset in Victoria, with stable historical revenues and operational upside.
Room revenues in the last year years have consistently averaged over $3.6 million, with gross revenues averaging over $4.2 million.
The hotel dominates its competitive set with a 125.5% RevPAR index through June 2024.

The high-quality asset features custom amenities and 7,004 square feet of meeting space (largest in the market).
The hotel’s rooms revenue for the TTM period ending in June 2024 equated to $3.87 million—the highest performance since the hotel’s opening.
Current ownership is currently renovating the property, spending $1 million for the Hilton FRCM “soft” renovation.

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=145783
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 118-key Hilton Garden Inn Victoria, an institutional, high-quality, select-service hotel asset in the growing submarket of Victoria, Texas. The property is the premier lodging destination in Victoria, boasting over 7,000 square feet of meeting space. Additionally, its location along Huvar Street, just off State Route 463 near the Victoria Mall, offers guests several dining, retail, and entertainment options nearby.

Property Facts

Price	$13,900,000	No. Rooms	118
Price Per Room	$117,797	No. Stories	3
Sale Type	Investment	Year Built	2013
Property Type	Hospitality	Tenancy	Single
Property Subtype	Hotel	Parking Ratio	1.71/1,000 SF
Building Class	B	Corridor	Interior
Lot Size	3.38 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size	90,876 SF

Price	$13,900,000
Price Per Room	$117,797
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	3.38 AC
Building Size	90,876 SF
No. Rooms	118
No. Stories	3
Year Built	2013
Tenancy	Single
Parking Ratio	1.71/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.