« Holiday Inn Express All Suites | 504 West Commerce Street | Brownwood, Texas | USA
128 Sycamore Springs Terrace
Mountain Home, Arkansas
USA
W: http://www.SunbeltHotels.com/
Contact Jere Allen
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# of Rooms58
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CAP RateN/A
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MultiplierN/A
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Price Per Key$63,793
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Price$3,700,000
- Year Built: 1999
- Year Renovated: 2010
- Interest: Fee-Simple
- Number of Buildings: 1
- Number of Floors: 3
- Parking Spaces: Ample
- Climate Control: Available
- Posted By: Broker
- Property Type: Select-Service
- Interior Corridor: Available
- 58 All Suites
- Priced a little over 3X Rooms
- Priced at a 10 cap.
- Owner Financing for qualified buyer
- Revenue up for last (3) Years
The Holiday Inn Express Hotel & Suites - Brownwood Proudly introduces our newly renovated Hotel. Renovations include new carpeting throughout all public areas and guest rooms, new mattresses and furniture as well as a refreshed breakfast area and fitness center improvements. We provide all the amenities and technology of a full service hotel at a "Stay Smart" price.
| Year: | 2010 | Jan. 2012 Tr. 12 | 2011 |
| Average Daily Rate: | 86.10 | 88.08 | 86.33 |
| Occupancy Percentage: | 61.43 | 68.40 | 68.46 |
| Revenue: | 1,141,804 | 1,275,423 | 1,285,984 |
| Additional Revenue: | 1,492.00 | ||
| Total Revenue: | 1,143,296 | 1,143,296 | |
| Net Operating Income (NOI): | 256,507 | 364,106 |
| Fitness Facilities | Available |
| Outdoor Swimming Pool | Available |
| Outdoor Hot Tub | Available |
| Meeting Room | Available |
| Breakfast Area | Available |
| Banquet Facilities | Available |
| Guest Rooms | |
| Suites | All Suites |
| Guest Room Amenities | |
| Climate Control | Available |
| Television | Available |
| Microwave | Available |
| Refrigerator | Available |
| Coffee Maker | Available |
| Hair Dryer | Available |
| Iron & Ironing board | Available |
| Desk | Available |
Property is classified as a "Micropolitan Statistcal Area" which is a market area oif 50,000 people.
Points of Interests- Howard Payne University
- Lake Brownwood State Park
- Sante Fe Depot
- Brown County Museum of History
- Douglas McArthur Academy of Freedom
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