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Hotel-Motel

Studio 6 Suites Pearsall, TX

604 S Lindsey Ln, Pearsall, TX 78061

Listing Price: Request For Offer

Number of Rooms
70
RevPAR
$32
Year Built
2014

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Studio 6 Suites Pearsall (‘Hotel’ or ‘Property’) located in Pearsall, Texas. The G6 Hospitality-branded Hotel is offered on a “call for offers” basis. Please reach out to the listing agent for more information.

The Studio 6 Suites Pearsall is a 70-room, four-story Hotel stationed at 604 S Lindsey Lane in Pearsall, Texas, situated near Interstate 35. Various common area amenities at the Property include an indoor heated pool with whirlpool hot tub, breakfast area, fitness center, meeting space, laundry facility, convenience store, and business center.

Pearsall, nestled in the heart of Frio County, Texas, is a hidden gem that boasts a rich tapestry of history and a vibrant community spirit. Steeped in a legacy of heritage and tradition, the city's historical significance is evident in its architecture, showcasing several well-preserved buildings and landmarks that reflect its past. These structures stand as testaments to the city's evolution and serve as a link to its cultural roots. Throughout the year, Pearsall comes alive with various local events and cultural celebrations that bring residents together. These gatherings not only honor the city's history but also create a strong sense of unity and camaraderie among its diverse inhabitants. The community's warmth and welcoming nature are key elements that define Pearsall's identity, making it a cherished place to call home. Strategically positioned along major highways, Pearsall serves as an accessible stop for travelers exploring Texas. Its location not only offers convenience for those passing through but also serves as a gateway to the scenic landscapes and natural beauty of the Texas Hill Country. Visitors can immerse themselves in the tranquil surroundings, discovering the charm and hospitality that define this Texan town. Whether for a brief stopover or an extended visit, Pearsall offers a welcoming atmosphere and a glimpse into its captivating history and community spirit.

In the trailing twelve-month period ending in December 2022, the limited-service Hotel recorded room revenues of over $1 million and a net operating income just over $245,000, after a 4 percent capital replacement reserve. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management, not only benefiting from increased market share but also higher NOI flow-through.

Investment Highlights

  • Four-Story, 70-Room, G6 Hospitality-Branded Hotel
  • Located Less Than a Mile from Interstate 35 and Frio Regional Hospital
  • 2022 Room Revenues Exceeded $1 Million while Maintaining a NOI Over $245,000
  • Recent Capital Expenditures in Excess of $30 Thousand
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Exclusively Listed By

Financing By

Hotel-Motel

Studio 6 Suites Pearsall, TX

Listing Price: Request For Offer

Number of Rooms
70
RevPAR
$32
Year Built
2014

Investment Highlights

  • Four-Story, 70-Room, G6 Hospitality-Branded Hotel
  • Located Less Than a Mile from Interstate 35 and Frio Regional Hospital
  • 2022 Room Revenues Exceeded $1 Million while Maintaining a NOI Over $245,000
  • Recent Capital Expenditures in Excess of $30 Thousand
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Studio 6 Suites Pearsall (‘Hotel’ or ‘Property’) located in Pearsall, Texas. The G6 Hospitality-branded Hotel is offered on a “call for offers” basis. Please reach out to the listing agent for more information. The Studio 6 Suites Pearsall is a 70-room, four-story Hotel stationed at 604 S Lindsey Lane in Pearsall, Texas, situated near Interstate 35. Various common area amenities at the Property include an indoor heated pool with whirlpool hot tub, breakfast area, fitness center, meeting space, laundry facility, convenience store, and business center. Pearsall, nestled in the heart of Frio County, Texas, is a hidden gem that boasts a rich tapestry of history and a vibrant community spirit. Steeped in a legacy of heritage and tradition, the city's historical significance is evident in its architecture, showcasing several well-preserved buildings and landmarks that reflect its past. These structures stand as testaments to the city's evolution and serve as a link to its cultural roots. Throughout the year, Pearsall comes alive with various local events and cultural celebrations that bring residents together. These gatherings not only honor the city's history but also create a strong sense of unity and camaraderie among its diverse inhabitants. The community's warmth and welcoming nature are key elements that define Pearsall's identity, making it a cherished place to call home. Strategically positioned along major highways, Pearsall serves as an accessible stop for travelers exploring Texas. Its location not only offers convenience for those passing through but also serves as a gateway to the scenic landscapes and natural beauty of the Texas Hill Country. Visitors can immerse themselves in the tranquil surroundings, discovering the charm and hospitality that define this Texan town. Whether for a brief stopover or an extended visit, Pearsall offers a welcoming atmosphere and a glimpse into its captivating history and community spirit. In the trailing twelve-month period ending in December 2022, the limited-service Hotel recorded room revenues of over $1 million and a net operating income just over $245,000, after a 4 percent capital replacement reserve. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management, not only benefiting from increased market share but also higher NOI flow-through.

Exclusively Listed By

Financing By

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