Hunter Hotel Advisors, facilitated the sale of the Hampton Inn & Suites Corpus Christi. A regional owner and operator purchased the property from American Hotel Income Properties (AHIP).
The 101-key hotel offers comfortable amenities, a 24/7 fitness center and an outdoor pool for guests’ convenience.
Located on the Gulf Coast of South Texas, Corpus Christi is recognized as the primary center for the oil and gas industry and hosts a number of notable corporate hubs including Kiewit Offshore Services, Tesla Lithium Factory and Cheniere Energy LNG Facility Expansion. The Port of Corpus Christi, the largest in the U.S., supports more than 98,000 jobs and contributes an estimated $13.4 billion to the economy. Popular destinations such as Padre Island National Seashore, the USS Lexington Museum and Texas A&M University-Corpus Christi drive significant travel demand.
Hunter’s Kami Burnette, SVP, and Mason McDavid, VP, represented the seller.
“AHIP continues to successfully execute on its strategic disposition program,” said Aren Dhadwal, director, capital markets & investments, AHIP. “We appreciate the efforts of the buyer, our partners and the Hunter team on this transaction. We had a great experience working with Kami and Mason.”
Burnette added, “The local buyer plans to renovate the hotel to improve positioning within the comp set and maximize efficiency through economies of scale from his other hotels in the market.”
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