1100 W 11th St - Hospitality FOR SALE


Quanah, TX 79252
$2,500,000 USD
520-664-4091
1100 W 11th St, Quanah, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/5
null | 10% Cap Rate

1100 W 11th St
Quanah, TX 79252


HIGHLIGHTS

  • Large oversized rooms
  • Only branded, interior corridor hotel in town presenting minimal to no competition
  • Property's MPI: OCC - 108.51% / ADR - 153.43% / 166.49%
  • Priced at $50,000/key

OVERVIEW

Jigar "Jay" Desai of NewGen Advisory is pleased to announce the exclusive listing of the Surestay Plus by Best Western in Quanah, Texas. Built in 2005, the hotel boasts 50 spacious, oversized rooms, setting it apart as the sole branded, interior corridor hotel in the area with minimal to no competition.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$73 USD /SF

# OF ROOMS

50

PRICE/ROOM

$50,000 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SureStay Plus by Best Western Quanah

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2005

PARKING SPACES

58

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

28,009 SF

ZONING

Commercial

APN/PARCEL ID

045000027500001903100

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.