Upscale Extended Stay Hotel, Texas

At $9,000,000 this is a confidential upscale extended stay sale, which means the page you are reading is deliberately thin. What is worth saying up front is what the segment is, because extended stay is a different business from a transient hotel in almost every respect that matters.

• Guests book by the week or the month rather than the night, so the occupancy curve is far flatter across the year.
• Housekeeping runs weekly instead of daily, there is usually no breakfast operation and often very little public space, and the labor line can run a third below a comparable transient hotel.
• Upscale extended stay sits at the top of that segment, which means full kitchens, a real fitness offer and a brand that enforces standards.

Three things I would check before writing an offer

• The room count, before anything else. Nine million dollars is a price, not a value. Divided across 60 keys it is one deal and across 130 keys it is a completely different one, and the per key number is how every lender, appraiser and competing buyer will frame it. Ask for the count in the first conversation. If it is not forthcoming, that itself is information.
• The property improvement plan. A change of ownership triggers a brand review, and on extended stay the kitchenettes make it worse than buyers expect, because appliances, cabinetry and plumbing in every unit add a line most people leave out of their model. PIPs in this segment routinely land between $8,000 and $25,000 a key. At any plausible room count that is a seven figure swing. Get the scope in writing from the brand before you agree a number, not after.
• How concentrated the long stay demand is. Extended stay occupancy looks beautiful on paper because long stay guests fill rooms for weeks. What the headline does not show is where they come from. A property running on one corporate contract, one construction project or one insurance placement is a single phone call away from a very different year. Length of stay and source concentration come before anything else in the financials.

Who it fits

• An operator who already runs extended stay and understands that the money is made on cost control and renewals rather than on rate.
• A buyer who wants the steadiest occupancy profile in hospitality and will pay for it.

Who it does not fit

• A first time hotel buyer. This is not the segment or the price point to learn on.
• A buyer who will not sign an NDA. Nothing useful exists on this page by design.

Financing

• Extended stay hotels are eligible for SBA 7(a) and 504 where the buyer will operate the property, and lenders tend to look favorably on the flatter revenue profile.
• At this size most buyers end up in a 504 structure or a conventional loan with an SBA piece. The lender will want brand approval, the PIP estimate and the trailing financials.
• Under the rules effective October 1, 2026 the equity injection is 10 percent of total project cost, and on a special-purpose asset like a hotel a 504 lender can look for 15.

Not a commitment to lend. Subject to lender underwriting. Terms vary by borrower.

Next step

The flag, the location, the room count, the operating numbers, the trailing financials and the franchise documents are released after a signed NDA is verified. Sign it and they come by email.