| Ideal opportunity for a new investor to benefit from a recently renovated asset with strong historical cash-flows in the growing Galveston market. |
| Underperforming hotel: rooms revenue as of TTM July 2025 equated to $1,460,000 (rounded), with 69.8% RevPAR penetration index. |
| Priced at a 11.2% cap rate based on the 2024 year-end NOI of $773,000 (rounded). |
| The change-of-ownership PIP report has been posted to the virtual deal room (VDR). |
| An investor can expect a new, 10-year franchise agreement with IHG. |
| The property is strategically located at the I-45 and 61st Street interchange; I-45 is a major thoroughfare for those traveling to Galveston Island. |
Eric Guerrero
HVS
