College Station Tru By Hilton Flips for Nearly $10M
Hilco Real Estate (HRE) completed a successful sale of the Tru by Hilton Bryan College Station hotel for a total closing price of $9,900,000. The 98-room property was constructed in 2018 on 2.6 acres. The hotel features large, modern lobby with bar and lounge, meeting space, a kid-friendly game zone and a fitness center.
Keith Worsham, senior vice president and head of the national hotel team at Hilco Real Estate, brokered the sale of the property on behalf of the seller, Wealth Hospitality. “Our team is happy to have helped our seller with this transaction resulting in $101,020 per key; and, at the same time, we were able to provide the buyer a new opportunity with the Hilton brand, the property is well-positioned around Texas’ five major metropolitan cities.”
The Bryan-College Station metro area has numerous demand generators benefiting the hotel, notably the nearby Texas A&M University and Post Oak Mall.
- ◦Sale/Acquisition