Investment Highlights
-YTD Revenue UP 54.7% and T-12 Feb 2025 Revenue UP 7.5%.
-Holiday Inn Express priced at an 11% Cap Rate, 3.23x Room Revenue Multiplier, and under $80,000/Room.
-Flagged, 74-unit, interior corridor, IHG Branded, Holiday Inn Express property located off Highway 35 and near Highway 60 ensuring strong drive by traffic and accessibility.
-Strategically positioned in Bay City, TX, a key hub for oil, gas, petrochemical, and agricultural industries.
-The Holiday Inn Express is near major energy companies, refineries, and Tenaris Bay City (a $1.8B steel pipe plant) which contributes to consistent corporate travel demand.
-Growing industrial and infrastructure development benefits from Bay City’s expanding industrial sector which helps to drive extended stay and weekday occupancy.
-With easy access to the Matagorda County coastline, the expansive 1200-acre Matagorda Birding Nature Center, and Sargent Beach, the Holiday Inn Express Bay City attracts leisure travelers and sports enthusiasts.