Holiday Inn Express & Suites
Asking Price: | $6,700,000 |
FF&E: | $200,000 |
Gross Revenue: | $1,600,000 |
Own Updated Holiday Inn Express with $1.6M Annual Revenue in Prime Texas Locatio
Discover a prime investment opportunity in the heart of Winnie, Texas! This Holiday Inn Express & Suites is strategically located off Interstate 10, offering unparalleled visibility and traffic flow. Built in 2010 and recently renovated with over $2.2 million in updates in 2024, this property is a turnkey asset for savvy investors.
Key Property Highlights:
?? 66 Guest Rooms: Including a manager's apartment for on-site convenience.
?? Amenities: Fully equipped gym, swimming pool, and meeting room.
?? Modern Design: Features Formula Blue 2.0, IHG's latest streamlined guest experience standard.
?? Franchise Agreement: Locked in for 15 years with no PIP required.
?? Revenue Generator: $1.6M gross revenue in 2024.
This property is perfect for investors looking to expand their portfolio in the hospitality industry with a reliable and profitable asset.