Red Roof Inn


Price:
$2,995,000

Address :
200 Golf Course Dr
Van Horn, TX 79855


  •  Excellent visibility and access from I-10, plus 4 billboard signs
  •  Scenic mountain views behind the hotel
  •  Dining options a few minutes’ drive away
  •  2 Bedroom Manager’s Apartment
  •  Owner will consider short-term, seller financing for a qualified purchaser
    View Map    View Aerial
  •  Situated in southwestern Texas, Van Horn is the county seat for Culberson County
  •  Interstate 10, the southernmost intercontinental route, intersects with US Highways 80 and 90 and State Route 54 in Van Horn. Van Horn is approximately 51 miles from the junction of Interstates 10 and 20.
  •  Easy and fast access to El Paso, only 90 minutes away
  •  Van Horn lies at the crossroads of the scenic Texas Mountain Trail.
  •  Guadalupe Mountains and Carlsbad National Parks are both within a 1 to 2 hour’s drive.
  •  Van Horn is a central stopping point for travelers and truckers between Dallas, Texas and Phoenix, Arizona. The Red Roof Inn is the first hotel seen as travelers enter Van Horn along I-10 from north.
  •  98 Rooms
  •  Continental Breakfast Area (Seats ±30)
  •  Meeting Space (Seats ±200; Divisible)
  •  Business Center with 2 Computers
  •  Wireless Internet
  •  Oversized Vehicle Parking
  •  2-Bedroom Manager’s Apartment with Kitchen on Both Sides
  •  2 Stories
  •  Interior Corridors
  •  Concrete & Brick Construction
  •  Brick Facade
  •  Pitched, Metal Roof
  •  Asphalt Parking Lot
  •  Built 1971
Financials
2015
2016
T-12Mos 8/17*
Occupancy
19.15%
56.66%
38.48%
Average Daily Rate
$53.73
$52.23
$55.48
Room Revenue
$364,296
$1,056,996
$763,710
Net Operating Income
($112,242)
$328,797
N/A
*Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement. Hotel renovations, which began in 2014, were completed in 1st quarter of 2016. Starting in May 2016, operating statistics are based on 98 rooms.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!