A 67-room historic hotel — the birthplace of Texas Hold'em. Currently generating revenue while providing housing for people rebuilding their lives. Undergoing phased renovation with a projected after-repair value of $6.2 million.
Hotel Brendle isn't just an investment — it's a place where people who were on the streets can find a room, get stable, and start rebuilding their lives. It generates real revenue while doing real good. That's not a contradiction. That's the model.
Roof replacement, foundation stabilization, demolition/cleanup, and renovation of 31 rooms to $750/month standard.
Full renovation of remaining units. All 67 rooms at $750/month. Property stabilized for long-term hold or exit.
Total acquisition + renovation: $658K. Projected after-repair value: $6.2M. That's a 473% ROI over 5 years with debt service coverage ratios that would make any lender comfortable.
At full occupancy with all 67 rooms at $750/month: $495,600 net annual cash flow after expenses. Break-even at just 11 rooms (17% occupancy).
This isn't speculative. 27 rooms are rented today. The hotel is generating revenue right now.
Hotel Brendle sits in Robstown, Texas — a small city with an outsized claim to fame. This is where Texas Hold'em was born. The hotel carries that heritage, and the renovation plan honors it while building something modern and sustainable.