City: McAllen, TX
Number of Units: 165 units
Purchase Price: $13,800,000
Closing Date: October 10th, 2022
Target IRR: 22.0%
Target Hold Time: 5 Years
Casa De Palmas
Have a serene stay at Casa De Palmas, Trademark Collection by Wyndham, in the heart of McAllen’s Art District. Three miles from McAllen International Airport (MFE), this historic downtown hotel is minutes from University of Texas, Rio Grande Valley (UTRGV) and South Texas College, as well as the McAllen Convention Center and Sharyland Business Park. Go shopping at La Plaza Mall, Palms Crossing, and Rio Grande Valley Premium Outlets®, or take in the beauty of Quinta Mazatlan. Back at the hotel, relax with an outdoor pool, restaurant, and bar.
