Summit Inn Hotel & Suites

Presented by Sumit Dalwadi

Property Details PLEASE DO NOT CONTACT PROPERTY DIRECTLY! 92 Unit Hotel for sale in the HOT college town of San Marcos! The property is fully equipped with a fitness center, pool, guest laundry, and a banquet hall. All rooms have recently replaced carpet, and wall mounted flat screen TV's. Separate managers apartment onsite! Price: $3,400,000 Price: $3,400,000 No. Rooms: 92 Building Size: Price/Room: Property Type: Property Sub-type: Property Use Type: No. Stories: 2 57,209 SF $41,304.35 Hotel & Motel Economy/Limited Service Investment

Location Location Description San Marcos is a HOT market with a number of demand generators. It is in close proximity to the famous San Marcos Outlets, Texas State University, Schlitterbahn Water Park, and the newly announced Amazon distribution center which is already under construction. These are just a few of the great reasons for San Marcos being the fastest growing cities for the third consecutive year!

Financial Summary

Total Rooms Rented 18,389 ADR 50.37 RevPar 27.73 Occupancy Percent 55.05% Profit & Loss Statement Company: Jay Shree Laxmi Hospitality, LLC Property: Summit Inn Hotel & Suites San Marcos As of 12/31/2014 YTD Revenue Room Revenue 921,998 Telephone Revenue 0 Misc. Revenue 18,320 Total Revenue 940,319 Departmental Expenses Summary Room Expenses 239,009 Telephone Expenses 12,083 Misc. Expenses 858 Total Departmental Expenses 251,951 Total Departmental Income 688,368 Undistributed Operating Expenses Administrative & General 113,040 Sales & Marketing 1,424 Repairs & Maintenance 69,169 Utilities 73,519 Total Undistributed Operating Expenses 257,152 Gross Operating Profit 431,216 Report Provided By Dalwadi Hospitality Management, LLC

Total Rooms Rented 19,429 ADR 52.10 RevPar 30.47 Occupancy Percent 58.49% Profit & Loss Statement Company: Jay Shree Laxmi Hospitality, LLC Property: Summit Inn Hotel & Suites San Marcos As of 12/31/2015 YTD Revenue Room Revenue 1,003,848 Telephone Revenue -199 Misc. Revenue 10,540 Total Revenue 1,014,189 Departmental Expenses Summary Room Expenses 276,866 Telephone Expenses 6,813 Misc. Expenses 1,557 Total Departmental Expenses 285,235 Total Departmental Income 728,953 Undistributed Operating Expenses Administrative & General 89,344 Sales & Marketing 1,550 Repairs & Maintenance 40,957 Utilities 100,955 Total Undistributed Operating Expenses 232,806 Gross Operating Profit 496,148 Report Provided By Dalwadi Hospitality Management, LLC

Total Rooms Rented 17,419 ADR 49.31 RevPar 25.79 Occupancy Percent 52.30% Profit & Loss Statement Company: Jay Shree Laxmi Hospitality, LLC Property: Summit Inn Hotel & Suites San Marcos As of 12/31/2016 YTD Revenue Room Revenue 858,856 Telephone Revenue 0 Misc. Revenue 3,778 Total Revenue 862,634 Departmental Expenses Summary Room Expenses 337,562 Telephone Expenses -40 Misc. Expenses 716 Total Departmental Expenses 338,238 Total Departmental Income 524,396 Undistributed Operating Expenses Administrative & General 70,995 Sales & Marketing 421 Repairs & Maintenance 36,560 Utilities 97,534 Total Undistributed Operating Expenses 205,511 Gross Operating Profit 318,885 Report Provided By Dalwadi Hospitality Management, LLC

Property Photos

Property Photos

Property Photos

Demographics Population 1-mi. 3-mi. 5-mi. 2015 Male Population 3,669 23,632 32,415 2015 Female Population 3,923 23,018 32,235 % 2015 Male Population 48.33% 50.66% 50.14% % 2015 Female Population 51.67% 49.34% 49.86% 2015 Total Population: Adult 6,985 40,171 54,526 2015 Total Daytime Population 6,114 49,039 71,716 2015 Total Employees 2,642 22,479 35,547 2015 Total Population: Median Age 23 24 24 2015 Total Population: Adult Median Age 19 26 29 2015 Total population: Under 5 years 202 1,807 2,732 2015 Total population: 5 to 9 years 156 1,644 2,621 2015 Total population: 10 to 14 years 155 1,595 2,716 2015 Total population: 15 to 19 years 555 7,006 8,163 2015 Total population: 20 to 24 years 4,296 16,020 19,589 2015 Total population: 25 to 29 years 863 4,519 5,739 2015 Total population: 30 to 34 years 269 2,325 3,367 2015 Total population: 35 to 39 years 167 1,628 2,537 2015 Total population: 40 to 44 years 144 1,537 2,495 2015 Total population: 45 to 49 years 130 1,289 2,206 2015 Total population: 50 to 54 years 118 1,358 2,297 2015 Total population: 55 to 59 years 110 1,366 2,405

Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total population: 60 to 64 years 100 1,266 2,105 2015 Total population: 65 to 69 years 86 1,060 1,865 2015 Total population: 70 to 74 years 70 689 1,260 2015 Total population: 75 to 79 years 61 545 932 2015 Total population: 80 to 84 years 48 468 744 2015 Total population: 85 years and over 62 528 877 % 2015 Total population: Under 5 years 2.66% 3.87% 4.23% % 2015 Total population: 5 to 9 years 2.05% 3.52% 4.05% % 2015 Total population: 10 to 14 years 2.04% 3.42% 4.20% % 2015 Total population: 15 to 19 years 7.31% 15.02% 12.63% % 2015 Total population: 20 to 24 years 56.59% 34.34% 30.30% % 2015 Total population: 25 to 29 years 11.37% 9.69% 8.88% % 2015 Total population: 30 to 34 years 3.54% 4.98% 5.21% % 2015 Total population: 35 to 39 years 2.20% 3.49% 3.92% % 2015 Total population: 40 to 44 years 1.90% 3.29% 3.86% % 2015 Total population: 45 to 49 years 1.71% 2.76% 3.41% % 2015 Total population: 50 to 54 years 1.55% 2.91% 3.55% % 2015 Total population: 55 to 59 years 1.45% 2.93% 3.72% % 2015 Total population: 60 to 64 years 1.32% 2.71% 3.26% % 2015 Total population: 65 to 69 years 1.13% 2.27% 2.88% % 2015 Total population: 70 to 74 years 0.92% 1.48% 1.95%

Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 75 to 79 years 0.80% 1.17% 1.44% % 2015 Total population: 80 to 84 years 0.63% 1.00% 1.15% % 2015 Total population: 85 years and over 0.82% 1.13% 1.36% 2015 White alone 5,725 35,610 49,297 2015 Black or African American alone 619 2,796 3,507 2015 American Indian and Alaska Native alone 51 397 599 2015 Asian alone 149 958 1,120 2015 Native Hawaiian and OPI alone 7 68 104 2015 Some Other Race alone 833 5,340 7,983 2015 Two or More Races alone 208 1,481 2,040 2015 Hispanic 2,699 19,358 28,143 2015 Not Hispanic 4,893 27,292 36,507 % 2015 White alone 75.41% 76.33% 76.25% % 2015 Black or African American alone 8.15% 5.99% 5.42% % 2015 American Indian and Alaska Native alone 0.67% 0.85% 0.93% % 2015 Asian alone 1.96% 2.05% 1.73% % 2015 Native Hawaiian and OPI alone 0.09% 0.15% 0.16% % 2015 Some Other Race alone 10.97% 11.45% 12.35% % 2015 Two or More Races alone 2.74% 3.17% 3.16% % 2015 Hispanic 35.55% 41.50% 43.53% % 2015 Not Hispanic 64.45% 58.50% 56.47%

Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. 2015 Not Hispanic: White alone 3,070 18,868 23,243 2015 Not Hispanic: Black or African American alone 297 2,309 2,580 2015 Not Hispanic: American Indian and Alaska Native alone 18 122 152 2015 Not Hispanic: Asian alone 89 439 478 2015 Not Hispanic: Native Hawaiian and OPI alone 4 33 37 2015 Not Hispanic: Some Other Race alone 22 50 77 2015 Not Hispanic: Two or More Races 85 432 528 % 2015 Not Hispanic: White alone 58.93% 53.69% 51.34% % 2015 Not Hispanic: Black or African American alone 5.70% 6.57% 5.70% % 2015 Not Hispanic: American Indian and Alaska Native alone 0.35% 0.35% 0.34% % 2015 Not Hispanic: Asian alone 1.71% 1.25% 1.06% % 2015 Not Hispanic: Native Hawaiian and OPI alone 0.08% 0.09% 0.08% % 2015 Not Hispanic: Some Other Race alone 0.42% 0.14% 0.17% % 2015 Not Hispanic: Two or More Races 1.63% 1.23% 1.17% Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/a Total: Establishements (NAICS) n/a n/a n/a

Demographics Population Change (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total Population 7,592 46,650 64,650 2015 Households 3,265 16,258 22,739 Population Change 2010-2015 701 5,380 7,483 Household Change 2010-2015 213 1,521 2,114 % Population Change 2010-2015 10.17% 13.04% 13.09% % Household Change 2010-2015 6.98% 10.32% 10.25% Population Change 2000-2015 2,382 11,505 19,379 Household Change 2000-2015 623 3,949 7,151 % Population Change 2000 to 2015 45.72% 32.74% 42.81% % Household Change 2000 to 2015 23.58% 32.08% 45.88% Housing 1-mi. 3-mi. 5-mi. 2015 Housing Units 2,743 13,024 16,506 2015 Occupied Housing Units 2,642 12,309 15,589 2015 Owner Occupied Housing Units 198 3,886 6,126 2015 Renter Occupied Housing Units 2,444 8,423 9,463 2015 Vacant Housings Units 101 715 918 % 2015 Occupied Housing Units 96.32% 94.51% 94.44%

Demographics Housing (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Owner occupied housing units 7.49% 31.57% 39.30% % 2015 Renter occupied housing units 92.51% 68.43% 60.70% % 2000 Vacant housing units 3.68% 5.49% 5.56% Income 1-mi. 3-mi. 5-mi. 2015 Household Income: Median $23,088 $28,382 $31,953 2015 Household Income: Average $32,199 $43,042 $47,718 2015 Per Capita Income $15,442 $18,359 $19,379 2015 Household income: Less than $10,000 783 2,946 3,531 2015 Household income: $10,000 to $14,999 328 1,454 1,891 2015 Household income: $15,000 to $19,999 338 1,536 2,099 2015 Household income: $20,000 to $24,999 297 1,323 1,701 2015 Household income: $25,000 to $29,999 356 1,286 1,734 2015 Household income: $30,000 to $34,999 119 786 1,058 2015 Household income: $35,000 to $39,999 224 963 1,320 2015 Household income: $40,000 to $44,999 131 926 1,287 2015 Household income: $45,000 to $49,999 39 359 596 2015 Household income: $50,000 to $59,999 144 780 1,343 2015 Household income: $60,000 to $74,999 274 1,510 2,255 2015 Household income: $75,000 to $99,999 138 1,098 1,743 2015 Household income: $100,000 to $124,999 42 518 785 2015 Household income: $125,000 to $149,999 16 286 515 2015 Household income: $150,000 to $199,999 17 298 525

Demographics Income (Cont.) 1-mi. 3-mi. 5-mi. 2015 Household income: $200,000 or more 19 189 356 % 2015 Household income: Less than $10,000 23.98% 18.12% 15.53% % 2015 Household income: $10,000 to $14,999 10.05% 8.94% 8.32% % 2015 Household income: $15,000 to $19,999 10.35% 9.45% 9.23% % 2015 Household income: $20,000 to $24,999 9.10% 8.14% 7.48% % 2015 Household income: $25,000 to $29,999 10.90% 7.91% 7.63% % 2015 Household income: $30,000 to $34,999 3.64% 4.83% 4.65% % 2015 Household income: $35,000 to $39,999 6.86% 5.92% 5.81% % 2015 Household income: $40,000 to $44,999 4.01% 5.70% 5.66% % 2015 Household income: $45,000 to $49,999 1.19% 2.21% 2.62% % 2015 Household income: $50,000 to $59,999 4.41% 4.80% 5.91% % 2015 Household income: $60,000 to $74,999 8.39% 9.29% 9.92% % 2015 Household income: $75,000 to $99,999 4.23% 6.75% 7.67% % 2015 Household income: $100,000 to $124,999 1.29% 3.19% 3.45% % 2015 Household income: $125,000 to $149,999 0.49% 1.76% 2.26% % 2015 Household income: $150,000 to $199,999 0.52% 1.83% 2.31% % 2015 Household income: $200,000 or more 0.58% 1.16% 1.57% Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $785,106 $4,049,741 $5,756,603 2015 Jewelry stores $274,132 $1,407,836 $2,015,000 2015 Mens clothing stores $895,783 $4,657,992 $6,656,439 2015 Shoe stores $894,477 $4,678,749 $6,700,688

For more listing information visit: http://www.crelisting.net/c1o2drh7a/?stepid=107 Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Womens clothing stores $1,411,327 $7,539,087 $10,890,775 2015 Automobile dealers $10,163,660 $55,455,407 $80,809,036 2015 Automotive parts and accessories stores $2,071,952 $11,162,130 $16,197,676 2015 Other motor vehicle dealers $318,228 $1,640,385 $2,357,518 2015 Tire dealers $926,836 $4,987,141 $7,233,768 2015 Hardware stores $34,398 $205,787 $307,473 2015 Home centers $338,966 $2,007,092 $3,017,588 2015 Nursery and garden centers $393,783 $2,359,278 $3,567,176 2015 Outdoor power equipment stores $186,104 $1,110,322 $1,665,395 2015 Paint andwallpaper stores $47,388 $262,026 $384,007 2015 Appliance, television, and other electronics stores $1,345,532 $7,387,252 $10,798,425 2015 Camera andphotographic supplies stores $101,826 $559,659 $814,211 2015 Computer andsoftware stores $4,191,507 $22,001,496 $31,562,362 2015 Beer, wine, and liquor stores $736,729 $3,852,650 $5,525,167 2015 Convenience stores $3,522,192 $18,055,997 $25,656,311 2015 Restaurant Expenditures $2,839,400 $15,270,630 $22,128,689 2015 Supermarkets and other grocery (except convenience) stores $12,055,201 $63,225,640 $90,674,503 2015 Furniture stores $1,007,864 $5,405,942 $7,853,064 2015 Home furnishings stores $3,346,750 $18,331,752 $26,779,008 2015 General merchandise stores $17,531,757 $96,237,236 $140,539,119 2015 Gasoline stations with convenience stores $10,250,551 $53,849,333 $77,277,590

Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Other gasoline stations $7,154,919 $37,979,870 $54,718,832 2015 Department stores (excl leased depts) $17,257,625 $94,829,400 $138,524,119 2015 General merchandise stores $17,531,757 $96,237,236 $140,539,119 2015 Other health and personal care stores $689,001 $3,759,772 $5,480,110 2015 Pharmacies and drug stores $2,799,381 $15,240,266 $22,194,862 2015 Pet and pet supplies stores $751,111 $4,087,900 $5,949,793 2015 Book, periodical, and music stores $108,795 $599,593 $878,608 2015 Hobby, toy, and game stores $339,851 $1,813,341 $2,619,344 2015 Musical instrument and supplies stores $33,758 $179,660 $260,597 2015 Sewing, needlework, and piece goods stores $58,155 $322,129 $473,200 2015 Sporting goods stores $306,865 $1,683,108 $2,444,106

Broker Profile Sumit Dalwadi Current Occupation: Education: Website: Broker MBA http://www.jdrealestate.com sumit@jdrealestate.com (832) 721-2287 License: 585723 3033 Chimney Rock Suite 305 Houston, TX 77056