Hampton Inn & Suites and Holiday Inn Express - TX

Property Description: Revenues Up YTD May! Formula Blue PIP is Done at Holiday Inn Express. Renovations are Underway at Hampton Inn and Suites. Each hotel includes 79 Keys, 4 stories, and elevators. Hampton Inn & Suites was built in 2007. Holiday Inn Express was built in 2005. Revenues are Growing! Hampton RevPAR is Up $132K YTD May 2019. Holiday Inn Express RevPAR is Up $23K YTD May 2019. Total Combined Revenues are Over $3,857,000 for TTM March 2019. Revenues Over $24,412 Per Key! 2019 Year End Revenue is Projected to Exceed $4,100,000! Strong Net Operating Income $1,419,345 ($37%) before management fee and FF&E reserve/ 30% after management and reserve. 70% Occupancy at Both. This Hilton and IHG Portfolio is offered with an assumable CMBS loan with low interest rate of 5.05%, fixed. 6 Years remain on the loan term. Located 1 Hour Outside Dallas. Easy Access from Interstate. Top Performing Hotels!