Listed by Seth Equities
$2,100,000
Quality Inn & Suites Del Rio TX
Details
Property Type Hospitality
Sub Type Hotel, Midscale
Square Footage 26,493
Keys 60
Year Built 1996
Year Renovated 2024
Stories 2
Acreage 1.420
Parking Spaces 62 spaces
Parking Per SqFt 2.34
Investment Type Value Add
3616 Veterans Blvd, Del Rio, TX 78840
Marketing description
Seth Equities is pleased to exclusively present the Quality Inn Del Rio, a 60-room, interior corridor, select-service hotel located along Veterans Boulevard in Del Rio, Texas. This recently repositioned asset represents a compelling opportunity to acquire a newly renovated, branded hotel with minimal direct competition and significant operational upside.
Originally constructed in 1996, the property recently completed a comprehensive renovation in December 2024, coinciding with its conversion to the Quality Inn flag by Choice Hotels International. The transition positions the asset as the only Choice-affiliated hotel in the entire Del Rio market, creating a unique opportunity to capture brand-driven demand with limited competitive pressure.
Investment highlights
- Recent Full Renovation (2024) - The property underwent a complete renovation completed in December 2024, significantly enhancing the physical condition and aligning the asset with current Quality Inn brand standards.
- Exclusive Choice Hotels Presence in Market - As the only Choice Hotels property in Del Rio, the hotel benefits from exclusive access to Choice's national reservation system, loyalty base, and marketing platform—driving incremental demand and occupancy.
- Seller Financing Potential - Ownership may consider seller financing for qualified buyers, providing an attractive capital structure opportunity and enhanced flexibility for acquisition.
- Strong Value-Add Opportunity - With renovation and rebranding completed, a new owner can focus on operational efficiencies, revenue management, and margin expansion, making this an ideal opportunity for an experienced owner-operator.
- Efficient Midscale Asset - The hotel features 60 guestrooms across two stories with an interior corridor layout, totaling approximately 26,493 square feet on a 1.42-acre site.
- Attractive Operating Profile - With a surface parking ratio of 1.03 spaces per room, the property is well-suited for streamlined operations and cost control.
- Price Per Key: $35,000
Listing Contacts
Listed by Seth Equities
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