1119 E Tyler St - Hospitality FOR SALE


Athens, TX 75751
$9,000,000 USD
661-910-8003
1119 E Tyler St, Athens, TX for Sale
$9,000,000 USD
Hospitality - FOR SALE
1/50
null | 9.54% Cap Rate

1119 E Tyler St
Athens, TX 75751


HIGHLIGHTS

  • Unique Positioning | Minimal Competition
  • $1.8M Renovation Completed Last Month
  • USDA Eligible with Favorable Financing Terms
  • 2025 Proj. Rev to Surpass $2.3M 

OVERVIEW

***Premier Brand Leader: This 2006-built hotel is the market leader in its Dallas suburb, offering minimal competition and enabling strong rate control and superior market positioning. ***Prime Location: Strategically situated between several major cities, making it a key destination for business and leisure travelers. ***IHG License: The new owner is poised to receive a 15-20-year license with IHG, ensuring continued brand strength and support. Nitigna Naik Texas Broker of Record: P: 661.910.8003 E: Deals@HBofAmerica.com TX DRE #735690

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$218 USD /SF

# OF ROOMS

66

PRICE/ROOM

$136,364 {currency}

CAP RATE

9.54%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Athens

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

70

LAND DETAILS

LAND ACRES

5.48 AC

LAND SF

238,709 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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