Executive Residency by Best Western Corpus Christi
Extended Stay Hospitality | 92 Keys | $79,348/key
Marketing description
The Best Western Executive Residency in Corpus Christi offers a 92-key extended-stay asset with clear operational upside and limited capital exposure.
Located near Naval Air Station Corpus Christi, the property benefits from stable extended-stay demand drivers, including military, government, and workforce segments. The Executive Residency model provides durable occupancy performance with less volatility than traditional transient products.
The asset is being offered with limited PIP requirements, reducing near-term capital risk. Current performance reflects conservative ramp-up assumptions, with Year 1 modeled at 55% occupancy. Stabilization to 60%+ occupancy and ADR growth are projected through disciplined revenue management and targeted sales execution.
Additionally, the property includes an existing bar and F&B component that is currently underutilized. Activation of this amenity represents a defined top-line enhancement opportunity already contemplated in the pro forma ramp-up.
For operators with brand familiarity and revenue management experience, the asset presents a clear path to NOI expansion through operational optimization rather than structural repositioning.
Investment highlights
92-Key Best Western Executive Residency (Extended-Stay Model)
Limited PIP Requirements
Immediate operational upside
55% Year 1 Occupancy with Stabilization to 60% projected
Year 1 NOI ~$640K; Stabilized NOI Projected Above $725K
ADR Growth Embedded in Ramp-Up
Underutilized Bar & F&B Component with Revenue Upside
Operational & Revenue Management Optimization Opportunity
Extended-Stay Segment Stability
Branded asset with identifiable revenue optimization opportunities
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