return to Latest Releases list >>

HotelBrokerOne sells closed Stanton Hotel, set to reopen

Tuesday October 10, 2017

11.01.2017

Stanton, TX – HotelBrokerOne recently completed the sale of the hotel formerly known as the Cobblestone Inn, located in Stanton, TX. The hotel is 54 units and has been closed for over a year. The hotel was sold to a Texas hospitality investment company, Shiv Gange III. 

The Hotel, constructed in 2014, is in excellent condition and will reopen within the month. The recent increase of activity in the Permian Basin led to a quick sale. Ted Holmes, VP of HotelBrokerOne, said “The new owners have a good track record of hotel operations and providing excellent guest services and I believe this will be very beneficial for Stanton and the surrounding areas.” 

HotelBrokerOne is a national hotel brokerage firm that has sold over 600 hotels since inception.  For more information go to www.hotelbrokerone.com.

      Contact:

Ted Holmes

405-810-1414

Tedh@hotelbrokerone.com 




Additional Press Releases