Hotel Investment Opportunity Texas
Type: Hotel Location: Texas Number of Rooms: +200 Meeting Space: Yes Corridors: Exterior/Interior Parking: On-site Number of Buildings: 2 Franchise: National Economy Brand Status: Active
Opportunity to invest in two hotels with a seasoned hotel management company, who owns and operates mulitple property and has been in the hospitality industry for over two decades.
The Hotel management company is looking for a partner/ investor that would invest +/-$5M into the current hotel portfolio of +200 guest rooms over two properties for a 48% stake in the business which is located in the Lone Star State of Texas. The main asset is located in dowtown Austin with good upside potential in revenue and an ability to provide an investor with an 8% return per year based on current cashflow.
OM avaiable for Investors that sign NDA.
Call hotel broker for details 951-906-4916.
Investors to conduct their own due diligence.