Hotel-Motel
Quality Inn & Suites Del Rio
3616 Veterans Blvd, Del Rio, TX 78840
Listing Price: $2,500,000
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Quality Inn & Suites Del Rio (‘Hotel’ or ‘Property’) located in Del Rio, Texas. The Choice Hotels-branded Hotel is offered at $2,500,000 or $42,372 per key.
The Quality Inn & Suites Del Rio is a 59-room, two-story Hotel stationed at 3616 Veterans Blvd in Del Rio, Texax just off U.S. Highway 377. Various common area amenities at the Property include an outdoor pool, breakfast area, laundry facility, and business center.
Centrally located off the main highway in the heart of Del Rio, Texas the Quality Inn & Suites Del Rio hotel is near area attractions such as the Whitehead Memorial Museum, San Felipe Springs, Val Verde Winery, and Amistad National Recreation Center, the city of Ciudad Acuña (in Mexico). Additionally, Seminole Canyon State Park is located near Del Rio and a popular place for outdoor activities and water sports. The Sul Ross University is also in the region and regularly hosts scholastic events throughout the year. Laughlin Air Force Base is less than ten miles away, and the 47th Flying Training Wing Maintenance Directorate furnishes quality aircraft, support, and services which with their aircraft, support equipment, and facilities the value is more than $1.3 billion. The hotel is situated with easy access to Mexico and located about 8.5 miles from the automotive manufacturing hub of Ciudad Acuña in Coahuila, Mexico. Ciudad Acuña’s automotive manufacturing industry is an important staple of the city’s economy, with several factories scattered throughout the city. Among the many manufacturing companies in the area include Irvin Automotive Products, Bendix, Gentherm de Mexico, Caterpillar, RESCO Electronics, and Toter Incorporated which generate significant business travel from Del Rio to Ciudad Acuña. One of the largest manufacturers in the city, General Motors, has a massive assembly plant in the city that many business travelers from Del Rio frequently visit. Additionally, Bendix announced a recent $57 million investment for a fourth manufacturing plant in Ciudad Acuña. The city’s location on the border, with Lake Amistad Dam International Crossing and Del Río-Ciudad Acuña International Bridge as the two ports of entry, provides a convenient location for companies to ship their products to the United States Market.
Agriculture is another important sector of the economy in Del Rio. The area is known for its production of crops such as cotton, sorghum, and pecans, as well as livestock such as cattle and sheep. The agriculture industry provides a significant source of demand for local businesses such as equipment dealers, feed stores, and veterinary services.
In the trailing twelve-month period ending in May 2023, the limited-service hotel recorded room revenues of over $1 Million and a net operating income over $243,000, or 24.1 percent as a percentage of total revenues, after a 4 percent capital replacement reserve. A prospective buyer should be able to capitalize on operational inefficiencies that have arisen from recent management.
Investment Highlights
- Two-Story, 59-Room, Choice Hotels-Branded, Interior/ Exterior-Corridor Hotel
- Large On-Site Manager Apartment
- Easily Accessible and Highly Visible from U.S. Highway 377
- Situated Under 5 Miles from Del Rio International Airport
- Located in Large Government Agency Sector - Bordering Ciudad Acuña Population is Over 200,000
- Hotel Recorded Over $1.25 Million in Hotel Revenues in 2022
Listing Price: $2,500,000
Investment Highlights
- Two-Story, 59-Room, Choice Hotels-Branded, Interior/ Exterior-Corridor Hotel
- Large On-Site Manager Apartment
- Easily Accessible and Highly Visible from U.S. Highway 377
- Situated Under 5 Miles from Del Rio International Airport
- Located in Large Government Agency Sector - Bordering Ciudad Acuña Population is Over 200,000
- Hotel Recorded Over $1.25 Million in Hotel Revenues in 2022
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Quality Inn & Suites Del Rio (‘Hotel’ or ‘Property’) located in Del Rio, Texas. The Choice Hotels-branded Hotel is offered at $2,500,000 or $42,372 per key. The Quality Inn & Suites Del Rio is a 59-room, two-story Hotel stationed at 3616 Veterans Blvd in Del Rio, Texax just off U.S. Highway 377. Various common area amenities at the Property include an outdoor pool, breakfast area, laundry facility, and business center. Centrally located off the main highway in the heart of Del Rio, Texas the Quality Inn & Suites Del Rio hotel is near area attractions such as the Whitehead Memorial Museum, San Felipe Springs, Val Verde Winery, and Amistad National Recreation Center, the city of Ciudad Acuña (in Mexico). Additionally, Seminole Canyon State Park is located near Del Rio and a popular place for outdoor activities and water sports. The Sul Ross University is also in the region and regularly hosts scholastic events throughout the year. Laughlin Air Force Base is less than ten miles away, and the 47th Flying Training Wing Maintenance Directorate furnishes quality aircraft, support, and services which with their aircraft, support equipment, and facilities the value is more than $1.3 billion. The hotel is situated with easy access to Mexico and located about 8.5 miles from the automotive manufacturing hub of Ciudad Acuña in Coahuila, Mexico. Ciudad Acuña’s automotive manufacturing industry is an important staple of the city’s economy, with several factories scattered throughout the city. Among the many manufacturing companies in the area include Irvin Automotive Products, Bendix, Gentherm de Mexico, Caterpillar, RESCO Electronics, and Toter Incorporated which generate significant business travel from Del Rio to Ciudad Acuña. One of the largest manufacturers in the city, General Motors, has a massive assembly plant in the city that many business travelers from Del Rio frequently visit. Additionally, Bendix announced a recent $57 million investment for a fourth manufacturing plant in Ciudad Acuña. The city’s location on the border, with Lake Amistad Dam International Crossing and Del Río-Ciudad Acuña International Bridge as the two ports of entry, provides a convenient location for companies to ship their products to the United States Market. Agriculture is another important sector of the economy in Del Rio. The area is known for its production of crops such as cotton, sorghum, and pecans, as well as livestock such as cattle and sheep. The agriculture industry provides a significant source of demand for local businesses such as equipment dealers, feed stores, and veterinary services. In the trailing twelve-month period ending in May 2023, the limited-service hotel recorded room revenues of over $1 Million and a net operating income over $243,000, or 24.1 percent as a percentage of total revenues, after a 4 percent capital replacement reserve. A prospective buyer should be able to capitalize on operational inefficiencies that have arisen from recent management.

