Financial institution-Owned Former Econo Lodge Lodge in Junction, Texas Listed for Sale – Picture Credit score HVS
HVS Brokerage & Advisory is at present providing an funding alternative in Junction, Texas. The property in query is a 47-key former Econo Lodge, now a bank-owned (REO) asset. This presents a singular value-add alternative for potential traders within the hospitality sector.
Funding Potential
The previous Econo Lodge Junction is a major funding alternative given its standing as a bank-owned property. Priced at $12,200 per key, the asset is properly beneath alternative price, making it a sexy proposition for traders trying to enter or broaden within the hospitality trade. The resort’s closure in September 2024 means it’s at present vacant, providing a clear slate for redevelopment, renovation, or repositioning.
Strategic Benefits
This property boasts a number of strategic benefits that improve its attraction to potential traders. Firstly, its manageable measurement makes it very best for an proprietor/operator or a first-time investor. Moreover, the dearth of present franchise affiliation supplies flexibility in branding and operation. The resort’s location in Junction, Texas, positions it properly inside a retail and tourism hub, roughly 105 miles northwest of San Antonio and 125 miles from Austin. The native financial system advantages from various sectors, together with public administration, training, healthcare, and extra, which helps regular transient demand.
Market Insights
Based on the June 2025 STR development report, the world’s aggressive set of lodges achieved 52.9% occupancy, a mean day by day charge (ADR) of $73.46, and income per obtainable room (RevPAR) of $38.85. These metrics point out a wholesome market efficiency that would profit the topic property post-renovation. Moreover, the property consists of 4 EV charging stations, traditionally producing about $5,000 in annual income, including one other earnings stream for the longer term proprietor.
Native Demand and Financial Drivers
Junction, Texas, serves as a major hub for searching and fishing tourism, supported by native initiatives such because the Texas Parks & Wildlife Guadalupe Bass Restoration Initiative. The realm’s restricted resort provide, coupled with robust demand drivers corresponding to deer searching, which considerably contributes to lodging demand, suggests a transparent path to occupancy positive aspects following the property’s renovation.
Conclusion
The previous Econo Lodge in Junction represents a compelling funding alternative, with its below-market pricing, strategic location, and important redevelopment potential. For traders searching for to capitalize on the sturdy market dynamics and financial drivers in Junction, Texas, this property gives a promising avenue.
Inquire at HVS.
