| Attractive value-add opportunity: Following completion of the PIP, the hotel is well positioned to drive rate growth and enhance overall performance. |
| The property includes onsite 5 bedroom, 3 bathroom living quarters w/ private outdoor area, designed for an owner residing on the premises. |
| Since opening, the hotel has generated avg. annual rooms revenue of approx. $1.25M, demonstrating a consistent track record of operating performance. |
| Ownership has maintained the property exceptionally well, scoring 84.4% and 85.9% on the brand’s last two quality-assurance reports, respectively. |
| The asset is priced at an attractive discount to replacement cost, at less than $65,000 per key. |
| Excellent location near major corporate demand generators including Dow, BASF, and Port Freeport; additional demand from regional leisure attractions. |
Andrew Frosch
HVS
