650 South Interstate Highway 35, Pearsall, TX 78061
- Request for Offers
The Days Inn & Suites in Pearsall, Texas is a 41-room exterior corridor economy hotel developed in 2014. All rooms in the subject hotel have full kitchenettes. Days Inn is a low cost operation and relatively easy to manage franchise. The Days Inn & Suites Pearsall offers common area amenities such as laundry facilities, business center, and picnic area with barbecue pits. The spacious guest rooms feature flat screen televisions, microwaves, cooktops, and refrigerators.
The Days Inn & Suites Pearsall is being offered for sale on a Call for Offers basis. The sale of the hotel is also subject to short sale approval by its current lender. The investment offering presents an opportunity for a buyer to acquire a low cost operation hotel asset well below replacement cost in a major energy/shale market.
Pearsall, Texas, is located in the heart of Eagle Ford Shale, presumably the largest shale formation in the United States. Oil and natural gas exploration, drilling and servicing activities have resulted in tremendous amount of room night demand from workers working in the Eagle Ford Shale area. This demand is expected to increase as oil and gas activities return to Eagle Ford Shale once the natural gas prices start rising. The United States’ need to become energy independent has further fueled growth in the local oil and gas sector. Pearsall is located approximately 55 miles south of San Antonio, and 30 miles north of Cotulla, Texas, along Interstate Highway 35.
Agent for this listing
Senior Managing Director Investments, National Hospitality Group
Office: (972) 755-5302
Mobile: (972) 786-2719
Fax: (972) 755-5210