Sleep Inn & Suites Ingleside in Ingleside, Texas Listed For Sale

February 26, 2024

Sleep Inn & Suites Ingleside - Exterior

Sleep Inn & Suites Ingleside

HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 72-key Sleep Inn & Suites Ingleside, a limited-service hotel asset in Ingleside, Texas. The property benefits from its proximity to the Port of Corpus Christi, a major crude-oil refinery hub that handles the top petroleum commodities, creating significant demand for hotels in the region.

Well-Maintained, High-Quality Hotel

  • The hotel opened in 2017 and has been consistently maintained at a high standard.

  • Given the physical condition of the property, a minimal change-of-ownership PIP is expected.

Recognition of Excellence

  • The hotel has received several prestigious awards, including the following:

    • 2022 Property of Excellence Award Finalist – Choice Hotels Owners Council

    • 2022 Business of the Year – Aransas Pass Chamber of Commerce & Visitors Center

    • 2022 Platinum Award – Choice Hotels International

      • This accolade signifies that the hotel has achieved an exceptional level of guest satisfaction within its brand, as evidenced by high “Likelihood to Recommend” scores from guests.

    • 2023 Ring of Honor Award – Choice Hotels International

      • This esteemed award acknowledges the hotel’s standing as the top performer in guest satisfaction within its brand, showcasing outstanding “Likelihood to Recommend” scores from guests.

Optimal Location Amid Key Demand Generators and Proximate to Corpus Christi​​​​​​​

  • Positioned advantageously, the property benefits from its proximity to significant demand generators, including the following:

    • Cheniere Energy’s Corpus Christi Liquefaction (CCL) facility holds the distinction of being the first greenfield liquified natural gas (LNG) export facility in the contiguous United States. Presently, this expansive LNG export facility is undergoing an $8-billion expansion project.

    • Other noteworthy companies with a significant presence or ongoing projects in the Ingleside area include Fluor Corporation, Occidental Petroleum Corporation, Kiewit Corporation, and Moda Midstream.

    • Although not directly situated in Ingleside, the Port of Corpus Christi serves as a pivotal demand generator for the entire region.

  • Prominent contributors to revenue include esteemed institutions in Corpus Christi such as Del Mar College, Texas A&M University-Corpus Christi, CHRISTUS Spohn Health System, Corpus Christi Medical Center Doctors Regional, and the Naval Air Station Corpus Christi.

For inquiries please visit here to execute the Confidentiality Agreement.

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