501 N Sunset Strip St, Kenedy, TX 78119
- Request for Offers
Southern Inn & Suites Kenedy is a perfect opportunity for owner-operator looking to acquire a hotel in an up-and-coming oil and gas market in South Texas. The hotel is being offered on a call for offers basis. The Southern Inn & Suites Kenedy has seen modest growth in room revenue in 2017, with foreseeable growth into 2018. Trailing Twelve Months revenue as of July 2017 is $260,432. This revenue is roughly a 30 percent gain from 2016 revenue. The hotel is offered with minimal estimated deferred maintenance and is operated by absentee ownership. New owner may benefit from aggressive expense management.
The Southern Inn & Suites Kenedy is a 42-unit, exterior corridor, limited service hotel located in Kenedy, Texas. This property was constructed in 2010 and is a one-story hotel. The common area amenities include a fenced outdoor pool, BBQ facilities, laundry facilities, and vending machines. Also, the rooms are equipped with a seating area, flat-screen television, and family rooms are available.
Kenedy, Texas in Karnes County is located on U.S. Highway 181 and State Highway 72, six miles south of Karnes City and 60 miles northwest of San Antonio. The Southern Inn & Suites Kenedy is in an ideal location and a convenient base for business and leisure. The Joe Gulley Park is less than one mile from the Southern Inn & Suites Kenedy. Furthermore, Burris Ranch Airport is less than 13 miles and Karnes County Airport is less than one mile from the hotel.
Agent for this listing
Senior Associate, National Hospitality Group
Office: (713) 452-4270
Mobile: (281) 684-5653
Fax: (713) 452-4210