Holiday Inn Express & Suites


Price:
$4,600,000

Address :
1460 E Main St
Eastland, TX 76448


  •  Less than 90 minutes from Dallas/Fort Worth Metroplex
  •  Convenient Stop between DFW and Abilene on I-20
  •  Hotel Draws Customers From Surrounding Towns
  •  The hotel is being offered subject to the existing franchise license agreement. Holiday Inn Express is expected to grant a standard license agreement upon the completion of a Product Improvement Plan (PIP).
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  •  The City of Eastland lies on Interstate 20 between the Dallas/Fort Worth metroplex and Abilene.
  •  As the county seat for Eastland County, the City of Eastland is the center for government, retail and health care in the region.
  •  Within walking distance of several restaurants and other transient services
  •  Close to Regional Demand Generators, Including...
    •  1.6 Miles to Majestic Theatre
    •  1.7 Miles to The Connellee Hotel & Civic Center
    •  1.9 Miles to Eastland Memorial Hospital
    •  5.6 Miles to Lake Leon
    •  68 Miles to Fossil Rim Wildlife Center
    •  69 Miles to Dinosaur Valley State Park
  •  70 Rooms
  •  Breakfast Area (Seats 27)
  •  Meeting Space (Seats 35)
  •  Business Center
  •  Guest Laundry
  •  Fitness Center
  •  Seasonal Outdoor Pool
  •  Wireless Internet
  •  4 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  Stucco & Brick Facade
  •  Pitched, Shingle Roof (New in 2014)
  •  Concrete Parking Lot
Financials
2014
2015
2016
T-12Mos 6/17
Occupancy
59.48%
63.60%
58.22%
55.93%
Average Daily Rate
$81.59
$88.52
$92.53
$94.08
Room Revenue
$1,239,856
$1,438,529
$1,380,206
$1,344,519
Net Operating Income
$251,290
$299,483
$306,646
N/A
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
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!