Property Tour and Contact Detail Information: Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property. Investment Highlights: * 66 Units, 2011 Construction, Limited Service Hotel * Lender Approved Short Sale * 106 Percent RevPAR Index Penetration with Market Leading ADR * Hilton Franchise May Remain With Completion of PIP (Transfer PIP has Been Ordered) * Located in the Heart of the Haynesville Shale - Rich in Natural Gas Reserves Investment Overview: Hampton Inn & Suites Center is a 66-unit, interior corridor, select-service hotel, constructed in 2011. The hotel features an outdoor pool, a bar/lounge, a business center, a meeting room and a fitness center. Free buffet breakfast, free WI-Fi in public areas and free self-parking are also provided. All 66 rooms provide free Wi-Fi, microwaves, mini-refrigerators, hair dryers, irons with ironing boards and TVs. Hampton Inn & Suites Center presents potential for an experienced hands-on owner/operator to improve or maintain the top line revenue, but most importantly control costs, build in efficiencies and improve the operating margin at the hotel. The hotel also can be converted into a Comfort Inn & Suites with minimal PIP required initially for a new owner or a Quality Inn & Suites with no PIP other than signage. The city of Center, Texas is located in east Texas, approximately 190 miles east of Dallas and 65 miles south of Shreveport, Louisiana. Center's downtown boasts the Shelby County Museum and Courthouse, the last Irish castle-style courthouse in the United States. Corporate demand generators such as Hallmark Center-Fixture, General Shelter, Tyson and Armstrong, Incorporated are located approximately one mile from the subject hotel. Center, Texas is located in the heart of the Haynesville Shale which is vital to the local economy. As oil and gas prices continue to stabilize, so should the economy of Center, Texas.
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