Contacts
Matthew Antonovich
eXp Commercial
Property Details
- Property Type Other
- Property Size 24,378 SF
- Units 110
- Lot Size 10.54 Acre
- Property Tenancy Multi-Tenant
- Year Built 1996
- Year Renovated 2011
- Date Updated Jun 19, 2025
Discover the prime location of this property nestled in the thriving Sherman-Denison market. The area offers a picturesque backdrop with the nearby Lake Texoma, a popular destination for water sports, fishing, and outdoor recreation. Investors will be drawn to the vibrant hospitality and resort opportunities in the vicinity, with notable attractions including the Tanglewood Resort and Conference Center, Cedar Mills Marina, and Highport Marina. The community boasts a charming small-town atmosphere while being conveniently located near major metropolitan areas. With its strategic position and proximity to renowned landmarks, the area presents a compelling investment prospect for hospitality and resort development.An exceptional investment opportunity to acquire the Choice Hotel "Ascend Collection". Situated in the thriving community of Sherman-Denison, Texas. This impressive property offers a well-established foundation for a premier hospitality or resort investment.
Investment Highlights:
✅ Established Brand Affiliation: Part of the Ascend Collection by Choice Hotels, ensuring brand recognition and operational support.
✅ Strategic Location: Positioned near Lake Texoma, attracting both local and regional visitors seeking a premium resort experience.
✅ Modernized Infrastructure: Thoughtful renovations have preserved the property’s timeless appeal while enhancing operational efficiency. Construction: Built in 1996, renovated in 2011
✅ Diversified Revenue Streams: Multiple income sources, including catering, dining, and event hosting.
✅ Growth Potential: The 57% occupancy rate presents a strong opportunity to increase ADR and improve overall profitability through targeted revenue management and strategic repositioning.
Not included in the sale is the 18-hole championship golf course priced for an additional $5 million dollars can be purchased.
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Highlights
- 110 Keys
- 24,378 SF building
- 57% occupancy
- Built in 1996, renovated in 2011
- Diversified revenue streams
- Established brand affiliation with Ascend Collection by Choice Hotels
- Growth potential through strategic repositioning
- Modernized infrastructure
- Property Overview
- Strategic location near Lake Texoma
Getting around
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7/100
Walk Score ®
-
15/100
Bike Score ®
Powered by Walk Score ®
Location
- City Pottsboro, TX
- Zip Code 75076
Points of Interest
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Brookshire's
4.29 miles
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Alon
4.71 miles
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Panther Fuel
4.72 miles
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Exxon
5.61 miles
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Texaco
7.39 miles
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Murphy USA
8.10 miles
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Valero
8.13 miles
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Shell
8.26 miles
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Lucky Stop
8.38 miles
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Tesla Supercharger
9.02 miles
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Holiday Inn Express & Suites
7.98 miles
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La Quinta Inn & Suites
8.03 miles
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Motel 6
8.08 miles
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Best Western Plus
8.20 miles
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Hampton Inn & Suites
8.29 miles
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Brookshire's
4.31 miles
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Walmart Supercenter
8.18 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Matthew Antonovich
eXp Commercial
