Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Comfort Suites University Drive (‘Hotel’ or ‘Property’) located in College Station, Texas. The Choice Hotels-branded Hotel is offered at $8,000,000 or $101,266 per key. The Comfort Suites University Drive is a 79-room, three-story Hotel stationed at 907 University Drive in College Station, Texas, just 2.3 miles from Texas A&M University. Various common area amenities at the Property include a business center, meeting room, fitness center, laundry facilities, and breakfast area. The subject Hotel is undergoing a complete renovation and will be delivered to a new owner at close with all renovations completed. College Station, Texas, is a thriving metropolitan area shared with Bryan, Texas, and centers around Texas A&M University. Visitors to the college town commonly attend games at Kyle Field or Reed Arena, explore the campus, and stop by the George Bush Presidential Library and Museum. The University’s on-campus 40-acre park, Research Park, features several interconnected ponds, an abundance of green space, an 18-hole disc golf course, and over a mile and a half of walking paths. Nature enthusiasts have several options to explore the area’s outdoors with Lick Creek Park or Lake Bryan near the Hotel. Additionally, the Brazos Valley African American Museum and the J. Wayne Stark Galleries are popular stops for all types of visitors and the Brazos Valley Children's Museum is perfect for a family outing. The Arctic Wolf Ice Center offers a variety of programs for birthday parties, skating school, figure skating, in addition to public skating while Post Oak Mall is a great place to walk around and shop. For beer and wine drinkers, Messina Hof Winery provides a relaxing retreat amidst beautiful vineyards, while The Blackwater Draw Brewing Company has 10 different beers on tap and hosts local events. Easterwood Airport proximity makes it a convenient stay, and the city's array of special events and festivals that may warrant an extended visit. Texas A&M University, located in College Station, Texas, stands as one of the largest and most prestigious institutions in the United States. Renowned for its strong commitment to academic excellence, Texas A&M boasts an impressive student intake strength, consistently enrolling tens of thousands of students each year. In 2023, enrollment at the main campus in College Station was over 71,000. The university's sprawling 5,200-acre campus offers plenty of room for a wide range of academic programs and research opportunities. With a substantial endowment fund that supports various initiatives, Texas A&M continues to invest in cutting-edge research, faculty development, and student scholarships. Designed to epitomize the quintessential American college town, College Station is fueled by longstanding traditions, culture, and school pride. The asset is undergoing a major renovation with upgrades to all guest rooms and public areas. Due to renovations the hotel had several rooms out of order during 2023 and continuing into 2024. As a result the Hotel is priced based on Pro Forma income and expenses.