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New Candlewood Suites available in Laredo, TX. This is a great opportunity to own one of the best extended stay flags available! The reservation system through IHG is outstanding, and most Candlewoods in Texas are performing well over the state averages. The hotel has everything a traveler needs; from fully furnished kitchens with refrigerators, stoves, and microwaves, to guest laundry rooms. This hotel is the typical Candlewood prototype, 83 rooms on 3 stories. Projected gross revenue in year 3 is $3.1MM with a net income after debt service of $638, 000. There are very few markets still available for major flags throughout Texas, so this will not last long. Call Toby Tucker, NWH Management, at 214-855-XXXX or email XXXX@nwhmanagement.com for additional information.
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