The Comfort Suites Lindale, Tyler, TX opened in 2008 as a Choice franchise, the property has demonstrated solid growth in 2024, with occupancy up 9.0% year-to-date, surpassing the competitive set's 1.3% growth. With an MPI of 102.8, a recent ADR increase to $87.98, and an 8.1% rise in RevPAR, it shows strong market resilience. A minimal new owner PIP estimated at $50K–$75K makes this an attractive, manageable investment with the potential for further growth under new ownership.
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Highlights & Location:
*Comfort Suites Lindale Tyler North offers a strategic opportunity with strong occupancy and RevPAR growth in 2024, signaling high market demand. Despite previous management challenges that lowered ADR in 2023 ($91.82 vs. comp set $97.37), the hotel is positioned for recovery.
*A small PIP investment ($50K-$75K) allows a new owner to boost market share and profitability.
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Texas Broker of Record:
Jatin "JT" Jariwala
C: 469.233.2191
E: JT@HBofAmerica.com
TX DRE #593897