PECOS, Texas—Marcus & Millichap introduced the sale of the 107-room Finest Western Swiss Clock Inn in Pecos, Texas.
“It was a privilege to market and promote this iconic 107-room Finest Western in Pecos on behalf of our vendor after greater than 45 years of devoted household possession,” stated Allan Miller, senior managing director, investments.
Miller, funding specialist in Marcus & Millichap’s Austin workplace, had the unique itemizing to market the property on behalf of the vendor, Catering of Central Texas, LLC, and procured the client, a personal investor group with a number of different industrial belongings within the West Texas area. The transaction obtained further assist from Chris Gomes of Miller-Gomes Lodge Staff.
The property is a one-story, exterior-corridor resort with entry to Interstate 20 and Pecos Municipal Airport. The sale included the Alpine Lodge restaurant, Ol’ Barry’s Tavern, and The Villas, a 33-room manufactured housing neighborhood located behind the resort. Facilities embody an out of doors pool, health, and enterprise facilities. The property serves demand generated by the area’s oil and gasoline trade, close by medical services, and native occasion venues.
The Finest Western Swiss Clock Inn & Alpine Lodge Restaurant marks the Miller-Gomes Lodge Staff’s thirty fourth profitable transaction within the Permian Basin since 2010.
