For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=160175
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 74-key Econo Lodge Kingsville, a limited-service hotel asset in Kingsville, Texas. Kingsville is located in Kleberg County along U.S. Highway 77, a key corridor in South Texas. While traditionally driven by academic and military-related demand from Texas A&M University–Kingsville and Naval Air Station Kingsville, the area is experiencing a surge in economic development.
PRICE REDUCTION: $2,300,000
Ownership is motivated to sell the property and has agreed to reduce the price to $2,300,000, or $31,081 per key. Please contact Andrew Frosch for more details.