69-Room Interior Corridor
2295 SE Loop San Antonio, TX 75633
2295 SE Loop, San Antonio, TX, 75633
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For Sale
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Pending
69-room, three-story interior-corridor hotel built in 2008 with an outdoor pool and spa.
Days on Market103
Property Features for 2295 SE Loop
General Information
- Standard status
- Pending
- Property subtype
- Hospitality, Retail
Listing agency
Marcus & Millichap - Dallas
(972) 755-5200
Listed by
Joseph Jaques · License #TX 651497
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 8:28PM Checked: Jul 21 at 12:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The Holiday Inn Express & Suites is a 69-room, three-story hotel with an interior-corridor layout. Built in 2008, the property features a wood frame with stucco and brick exterior finishes and a pitched roof. Guest amenities include an on-room refrigerator and microwave, double glazed windows, individually controlled air conditioning, and flat screen televisions, along with coined laundry and vending options on site. Common amenities include an outdoor pool and spa, fitness center, and business center.
Carthage, Texas is positioned at the intersection of US Highways 59 and 79 and is described as near the center of Panola County, about 42 miles west of Shreveport, Louisiana. The remarks note that oil and gas activity has historically supported the area’s lodging demand, with additional demand attributed to timber, logging, wood processing, and recurring college-hosted sporting and rodeo events.
The property also references a Formula Blue Property Improvement Plan anticipated to cost roughly $800K, with an anticipated post-completion cash-on-cash return based on specified financing and equity assumptions.
Carthage, Texas is positioned at the intersection of US Highways 59 and 79 and is described as near the center of Panola County, about 42 miles west of Shreveport, Louisiana. The remarks note that oil and gas activity has historically supported the area’s lodging demand, with additional demand attributed to timber, logging, wood processing, and recurring college-hosted sporting and rodeo events.
The property also references a Formula Blue Property Improvement Plan anticipated to cost roughly $800K, with an anticipated post-completion cash-on-cash return based on specified financing and equity assumptions.
Key Highlights
- Holiday Inn Express & Suites in Carthage, Texas: 69‑room, three‑story interior‑corridor hotel built in 2008
- Outdoor pool and spa, fitness center, business center, and coined laundry with vending machines on site
- Guest rooms include a refrigerator, microwave, double glazed windows, individually controlled A/C, and flat screen TV
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FAQs
What type of property is this?
Hotel - 69-room, three-story interior-corridor hotel built in 2008 with an outdoor pool and spa.
Where is this hotel located?
The property is located at 2295 SE Loop San Antonio, TX.
What are key features of this property?
This property features: Holiday Inn Express & Suites in Carthage, Texas: 69‑room, three‑story interior‑corridor hotel built in 2008; Outdoor pool and spa, fitness center, business center, and coined laundry with vending machines on site; Guest rooms include a refrigerator, microwave, double glazed windows, individually controlled A/C, and flat screen TV