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New Suburban Extended Stay Hotel in Abilene, TX, valued at $6.4MM! This is a fantastic opportunity to own a 102 room beautiful hotel with occupancy rates expected at over 80%. The extended stay business is booming, and this is a chance to own new one in a great market with 4 major Universities. The current owner/developer has strategically chosen this location after months of research to identify underdeveloped overnight stay markets in Texas. Projected sales revenue exceed $2.4MM with NOI in excess of $900K at year three. This is a tremendous investment opportunity for a hands-on owner operator OR the passive investor looking for potentially huge returns. The current owner/developer will assist in putting togther a bank financing package for a qaulified buyer as well. Several other locations are also available! Call NWH Management, Toby Tucker, at 214-855-XXXX for more details or e-mail XXXX@nwhmanagement.com.
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