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Investment Highlights
- The Candlewood Suites was fully renovated in 2022, leaving minimal near-term capital requirements.
- The Candlewood Suites presents a unique opportunity to acquire a well-located asset at a significant discount to replacement cost.
- Located just off Loop 281, the hotel offers excellent accessibility along one of Longview’s primary corridors.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Candlewood Suites in Longview, Texas. This well-positioned extended-stay hotel offers an exceptional investment opportunity, benefiting from its convenient location amidst Longview’s thriving corporate landscape and its appeal to diverse leisure segments.
Property Facts
| Sale Type | Investment | Building Size | 38,509 SF |
| Property Type | Hospitality | No. Rooms | 71 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 2009/2020 |
| Lot Size | 1.45 AC | Corridor | Interior |
| Zoning | GR - General Retail | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 38,509 SF |
| No. Rooms | 71 |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2020 |
| Corridor | Interior |
| Zoning | GR - General Retail |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 71 | $120.00 | - |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 1026951 | Improvements Assessment | $6,794,890 |
| Land Assessment | $126,670 | Total Assessment | $6,921,560 |
Property Taxes
Parcel Number
1026951
Land Assessment
$126,670
Improvements Assessment
$6,794,890
Total Assessment
$6,921,560
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
Candlewood Suites Longview | 2904 Tuttle Blvd

