| The property features spacious onsite living quarters, including a two-bedroom manager's apartment |
| Estimated all-in investment to construct similar asset with comparable amenities is a minimum of $125,000 per key due to scarcity of available land |
| Hotel's TTM RevPAR penetration index of 114% surpassed the competitive set, per December 2022 STR Trend Report, highlighting consistent outperformance |
| The hotel has demonstrated remarkable stability over the last 10 years, producing an average of $1,659,579 in annual rooms revenue |
| Galveston's high-barriers-to-entry market is due to zoning, limited land, and historic district constraints. Property is close to Galveston Beach |
| Corporate and leisure demand comes from UTMB, Texas A&M, water parks, cruise terminals, and historic sites |
