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Updated over 3 years ago,

User Stats

84
Posts
69
Votes
Ruby Ruiz
  • Investor
  • San Antonio, TX
69
Votes |
84
Posts

Does anyone invest in HOTELS in TX??

Ruby Ruiz
  • Investor
  • San Antonio, TX
Posted

I have an opportunity that is West of Fort Worth. Its an 84 door Hotel- currently not operational. But it does have huge potential. The seller was looking to turn it into student housing since there is a University around the corner, however he unfortunately got foreclosed on before starting the project. 

I have never worked a Hotel deal, so not sure what Investors look for when investing in a hotel. Does anyone have experience and know what will make this a sweet deal for someone?


Thanks for the help!