Houston TX. Branded 80 key hotel 4-story, interior corridor property with franchise agreement in place through 2029. 2024 Rev 1.8M, projected to surpass 2M in 2025. New management and strong sales team in place. Assumale loan 3.8M, 20 yr term, 4.75% Int and seller financing. Buyer only needs to bring 2.5M to 3M to the table. NOI 800K. Asking $8.5M negotiable-motivated seller
📍 Houston
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The lenders with the most recorded hospitality mortgages since 2021, from public ACRIS filings.
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