for sale
SureStay Plus by Best Western
1100 West 11th Street | Quanah, TX 79252
Investment Highlights
- Large oversized rooms
- Property’s MPI: OCC – 108.51% / ADR – 153.43% / RevPAR – 166.49%
- Only branded, interior corridor hotel in town presenting minimal to no competition
- Priced at $50,000/key
- ’24 – ’29 population growth projection: 2.32%
- ’24 – ’29 household growth projection: 2.40%
Property Description
Jigar “Jay” Desai of NewGen Advisory is excited to present the exclusive listing of the SureStay Plus by Best Western, a standout property in Quanah, Texas. Established in 2005, this hotel offers 50 generously, oversized guest rooms, setting a high standard for comfort and convenience in the area. As the only branded, interior corridor hotel available locally, it provides a unique opportunity for prospective buyers, boasting a distinct advantage with virtually no direct competition. This exclusive listing promises not only an exceptional location but also a rare chance to invest in a well-positioned asset in a thriving market.
Location Description
Discover the endless possibilities of investing in the Central Texas market with the prime location in Quanah, TX. Situated in a vibrant area, investors will find themselves in close proximity to local attractions such as Quanah City Hall, Hardeman County Courthouse, and Quanah Parker Trail Archeological Museum.
The surrounding area is also home to a variety of dining options, shopping centers, and recreational facilities. With its strategic location and promising economic landscape, this area presents an enticing opportunity for hospitality investors looking to capitalize on the thriving Central Texas market.
Share to Social
Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
BROKER OF RECORD
Bharat Patel-Vakil
NewGen Advisory TX LLC
TX #512841