Studio City Suites By Travelodge Wyndham
1924 St Michael Dr, Texarkana, TX, 75503
$3,500,000
Price
11.02%
Cap Rate
$44,304
Price Per Key
79
Total Rooms
$385,800
NOI
3.45
RRM

Investment Highlights
  • Fully Renovated & Rebranded: Turnkey converted 79-room studio hotel, recently renovated and reflagged as a Travelodge by Wyndham, eliminating immediate CapEx needs.
  • All Studio Units with Kitchenettes: Ideal for extended-stay, weekly, and medical/labor market guests—rare configuration in the Texarkana submarket.
  • Priced at Only $44K Per Key: Well below replacement cost, offering exceptional value and long-term upside in a high-barrier-to-entry corridor.
  • Massive Performance Upside: Being only open for 3 months, the property is ramping up from 31% occupancy versus 61% in the comp set, whilst being a superior product.
Strategic Interstate Location – Texarkana, TX
  • Ideally located at the junction of Interstate 30 and US Highway 59, the Studio City Suites By Travelodge offers exceptional visibility and accessibility for travelers crossing between Texas and Arkansas. Texarkana is a dynamic bi-state city that draws consistent lodging demand from business, healthcare, education, and transportation sectors.
  • The hotel is just minutes from Texas A&M University–Texarkana, Christus St. Michael Health System, and the Texarkana Convention Center, making it a convenient choice for both corporate and medical travelers.
Nearby Attractions Include:
  • Perot Theatre – a restored 1924 performing arts venue in downtown Texarkana
  • State Line Post Office & Federal Building – a unique photo spot built on the Texas-Arkansas border
  • Holiday Springs Water Park – a seasonal family attraction just a short drive away
  • Spring Lake Park – offering walking trails, disc golf, and picnic areas
  • Central Mall & Richmond Ranch Shopping Center – major retail destinations nearby
  • Texarkana Regional Airport (TXK) – within 10 minutes, offering regional connectivity
FOR MORE DETAILS CONTACT
Sudhir "Sid" Tewari
Principal/Managing Broker
(714) 340-0578
sid@tshoteladvisors.com
Lic: CA: 01773230
Sheil Stampwala
Managing Director
(714) 242-8291
sheil@tshoteladvisors.com
Lic: CA 01859094
Scott Reid
ParaSell, Inc. – Broker
(949) 942-6578
broker@parasellinc.com
Lic: 739436