Overview
Hotel Brokers of America is pleased to present the Highly Profitable Wingate by Wyndham Longview, a 67 room Easy to manage, limited-service hotel strategically positioned in North Longview’s dominant commercial corridor along Loop 281, with immediate access to U.S. Highway 80 and Interstate 20 connecting Dallas–Fort Worth to Shreveport and the broader Southeast.
The Hotel is in Excellent Condition with little to minimal PIP.
Investment Highlights
The hotel is operating at High stabilized performance levels with strong operational discipline, efficient cost controls and an NOI at $610,264
The Hotel has maintained strong corporate account business over many years; an agreement which renews every three years.
MANAGEMENT: This is a High Cash-Flow Asset. The Hotel is easy to manage, however should the Buyer choose not to manage, the seller is willing to manage the Hotel for the Buyer to maintain stable, long-term profitability.
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