Hampton Inn & Suites Abilene, TX
Listing was updated at: 05/24/2019
Property Overview
Price/Rent PSF $ 8,000,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 49,868
Date Available 05/24/2019
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Parking 85
Floors 4
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Description

Location
The hotel is located along the west side of W Lake Road, north of W Overland Trail (westbound IH-20 frontage road) in Abilene Tx

Sale
Hampton Inn & Suites is a 72 room, upscale, limited-service, four story hotel located in Abilene, Texas. Constructed in 2007, the hotel is located heavily-trafficked Interstate 20 in Abilene TX approximately 180 miles from the center of the Dallas/Fort Worth Metroplex. The hotel recently completed an approximate $1.2 million renovation, leaving Buyers with a very minimal expected change of ownership PIP from Hilton.

Each room is equipped with a flat screen television, wireless high speed internet, microwave, mini refrigerator, coffee maker, hair dryer, iron/ironing board, work desk, and alarm clock. 29 rooms include sofa beds. Additional amenities include complimentary breakfast, outdoor pool and hot tub, guest laundry, business center, fitness center, sundry shop and meeting rooms.

The Hampton Inn & Suites Abilene I-20 is offered fee simple, and unencumbered of management and debt. Currently the Hotel is run with absentee management and would therefore offer new ownership strong upside potential with proper management in place.

Location