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Classic Auction - Hospitality

Holiday Inn Express & Suites Texarkana

4545 Cowhorn Creek Rd., Texarkana, TX 75503

  • Asset Type
  • Real Estate
  • Property Type
  • Hospitality
  • Land Area
  • 2.26 Acres
  • Year Built
  • 2008
  • Year Renovated
  • 2016
  • Number of Floors
  • 3
  • Parking Count
  • 97
  • Hospitality Type
  • Select Service
  • Number of Rooms
  • 90 Rooms

Strong Performance | Significant Upside

Investment Highlights

  • Strong location along Interstate 30, offering great visibility and proximity to Christus St. Michael Health System, Red River Army Depot, and many of the area’s top businesses
  • 2008 vintage property, with substantial renovations over the last couple years to Formula Blue standards – minimal PIP expected
  • IHG indicates a new 15-year franchise agreement is available
  • Offered unencumbered of management
  • Strong performance for the Property and Texarkana market during 2020 – Holiday Inn Express & Suites running 60%+ Occupancy YTD


The Offering:

Hodges Ward Elliott and RealINSIGHT Marketplace are pleased to present the opportunity to acquire the 100% fee simple interest in the recently renovated, 90-room Holiday Inn Express & Suites Texarkana (the "Property"). Well located with strong visibility just off Interstate 30, the Property benefits from its proximity to Christus St. Michael Health System, Red River Army Depot, and major area businesses including Truman Arnold, Smith Blair, Sterno Group, Cooper Tire, Domtar, International Paper, and Wholesale Electric.

Property Tours:

Please contact the Hodges Ward Elliott team to arrange your Property tour.

See data vault.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Lamar P. Fisher

    Fisher Auction Company Inc.

    License: 10344