Tanglewood Resort, Ascend Hotel Collection

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.