*****Please do not contact hotel staff or disturb operations*****
Fee-simple sale of an 80-key TownePlace Suites by Marriott in Weatherford (Parker County), TX.
Offering process: A full due-diligence package — trailing-12 and trailing-18 month P&Ls hotel opened as TPS April 2nd 2024, STR/market-share reports, franchise agreement, no pip, tax bills, — will be shared with qualified buyers upon execution of a confidentiality agreement. Please do not contact hotel staff or disturb operations; all inquiries through the seller.
Brand & franchise: Marriott-flagged (TownePlace Suites). Sale is subject to franchise approval and a possible brand-mandated Property Improvement Plan (PIP) for the buyer. [Franchise agreement runs through ___ / a new term is available to approved operators.]
Management: [Delivered free and clear of management — buyer may install its own operator. / Existing management assumable.]
Financing: All-cash or conventional financing preferred. Owner-operators should verify eligibility for conventional or SBA 504 financing with their lender. [Seller financing considered for qualified buyers.]
Tours & timing: By appointment only, coordinated through the seller. ***DO NOT GO INTO HOTEL ASKING ITS FOR SALE AND TALK TO STAFF***
Contact: Chetan P.
cpanchal@durshhsopitalitymanagement.com