Days Inn by Wyndham Freeport

1701 North Avenue K, Freeport, TX 77541, US

Execute Confidentiality Agreement

THE OFFERING

HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 35-key Days Inn by Wyndham Freeport, TX, an exterior-corridor, limited-service hotel asset in Freeport, Texas. The property, which opened in 2019, remains in excellent physical condition. Upside exists for a more “hands on” owner/operator to restructure the hotel’s operations by improving revenues and increasing net operating income (NOI) flow-through.

Texas South

Submarket

Value-add

Investment Type

$3,500,000

Pricing Guidance

35

Keys

2019

Year Built

$65.78

Average Daily Rate

78.5%

Occupancy

$51.62

RevPAR

$661,302

Room Revenue

$307,197

Net Operating Income

Financials as of Year-End;2024

PROPERTY HIGHLIGHTS

Ideal Opportunity for an Experienced Owner/Operator

  • The 35-key count is considered an ideal size for an experienced owner/operator.

  • The property contains a two-bedroom/one-bathroom manager’s living quarters with a fully equipped kitchen and a living room.

  • New ownership will have the ability to implement its own sales tactics to capture more demand.

Extended-Stay Amenities for Long-Term Guests

  • There are 19 guestrooms that feature a kitchenette, inclusive of a refrigerator, microwave, sink, and stovetop. These rooms are ideal for construction crews or contractors requiring extended stays during annual plant shutdowns.

Increasing Revenue Trend

  • For the year-to-date period through February, the hotel posted a 16.5% increase in rooms revenue, compared to the same period last year. This trend is expected to continue this year due to the continued plant expansions in the area, bolstering demand.

  • Based upon HVS’s pro-forma projections, stabilized rooms revenue in 2025/26 is anticipated to surpass $750,000 ($60 RevPAR), with an NOI flow-through of $325,000 (rounded).

Well-Maintained, High-Quality Physical Product

  • The hotel opened in 2019, and ownership has maintained the property exceptionally well. Given the excellent physical condition, a minimal change-of-ownership property improvement plan (PIP) is expected.

Excellent Location Among Strong Corporate & Leisure Demand Generators

  • The property benefits from its location near strong corporate demand generators, including The Dow Chemical Company, Air Liquide, Vencorex, Freeport LNG, Phillips 66, Volkswagen Group of America, BASF, Shintech Inc., INEOS, and Olin Corporation.

  • Port Freeport is one of the nation’s most active ports, ranking 15th in the nation, with a local economic impact of $64.6 billion. The Port continues to expand through the Freeport Harbor Channel Improvement Project, further strengthening its role as a key hub for trade, employment, and regional development.

  • For leisure travelers, the property is conveniently situated near popular attractions such as the Sea Center Texas Aquarium, Brazos Mall, Lake Jackson Recreation Center, Lake Jackson Historical Museum, Urban Air Trampoline & Adventure Park, and Gulf Coast Bird Observatory, as well as the beaches along the Gulf Coast.

  • The property is located roughly ten miles from Texas Gulf Coast Regional Airport and just an hour's drive from Houston and Galveston, convenient for both business and leisure travelers.

Management Availability

  • The hotel asset is being offered free and clear of any management encumbrances, providing an investor the flexibility to revamp the operational strategies currently employed.

MAP

CONTACT US

Investment Sales Contacts

James Rebullida

Senior Vice President, Brokerage & Advisory
HVS
Houston
+1 (713) 955-5580
jrebullida@hvs.com

Eric Guerrero

Senior Managing Director, Partner, Brokerage & Advisory
HVS
Houston
+1 (713) 955-0012
eguerrero@hvs.com