Listed by Hotel Brokers Of America
$7,350,000
Holiday Inn Express & Suites Alice, TX
Details
APN APN: 11020-001-018-00 | Block-6
Property Type Hospitality
Sub Type Hotel
Square Footage 46,682
Keys 70
Cap Rate 7.13%
NOI $583,850
Occupancy 62.36%
Year Renovated 2024
Stories 3
Acreage 2.130
Hospitality | 7.13% CAP | 70 Keys
Marketing description
The Holiday Inn Express & Suites Alice is a 70-key, three-story, select-service hotel positioned on Highway 44 in the heart of South Texas' Eagle Ford energy corridor, roughly 41 miles from Corpus Christi. Fully renovated in 2025, the asset is offered with zero PIP required — a rare position today.
- The story here is momentum. Revenue has climbed sharply over the trailing twelve months, and the ownership's 2026 metrics carry that trajectory forward to nearly $2 million in room revenue and $583,850 of NOI — a 7.13% cap rate on the asking price, with a 9.84% net cash-on-cash return once principal reduction is included.
Investment highlights
- Zero PIP — The hotel was fully renovated in 2025 and carries no brand-mandated obligation.
- Growing Cap Rate — A current cap rate of 7.13% at 3.68x
- Revenue Surging — Top-line performance has accelerated materially this year, and the 2027 projection reflects continued occupancy and rate expansion off that base.
- Holiday Inn Express Brand Power — One of the strongest upper-midscale flags in North America, backed by the 100M+ member IHG One Rewards loyalty program.
- Highway 44 Corridor Position — Direct frontage on the primary east–west artery linking Corpus Christi to Laredo and the border, with Alice functioning as the region's commercial hub city.
- Energy + Healthcare + Leisure Demand — Halliburton, National Oilwell Varco, and CHRISTUS Spohn anchor a weekday base that is supplemented by year-round event and leisure travel.
- Fully Amenitized — Outdoor pool and hot tub, fitness center, business center, meeting room, free hot breakfast, 24-hour front desk, and laundry facilities across 46,682 SF on 2.13 acres.
- Owner-Operator Margin Upside — An experienced hands-on operator can typically capture additional NOI margin versus third-party management on an asset of this size, with further ADR headroom against the renovated product.
Listing Contacts
Listed by Hotel Brokers Of America
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$583,850.00
$48,654.17/mo
Valuation Metrics
0
DSCR
7.94%
Cap Rate
7.94%
ROI
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