601 N Sonoma Trl - Hospitality FOR SALE


Ennis, TX 75119
$9,670,000 USD
805-704-0334
601 N Sonoma Trl, Ennis, TX for Sale
$9,670,000 USD
Hospitality - FOR SALE
1/25
null | 9.03% Cap Rate

601 N Sonoma Trl
Ennis, TX 75119


HIGHLIGHTS

  • Over 2 million in revenue for 2023
  • Fully completed PIP in 2022
  • Steady incremental growth

OVERVIEW

PRICE REDUCTION! Now offered at $9,670,000 - 9% Cap Rate EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the Holiday Inn Express in Ennis, TX. Within a revived and growing Dallas suburb with many attractions, the 68-key, 46,053 square foot hotel is established on 1.52 acres in Ellis County, Texas. The hotel has recently completed a full PIP in 2022. Please contact broker to make an appointment, do not go to property unannounced.

FOR SALE DETAILS

PRICE

$9,670,000 USD

PRICE/SF

$198 USD /SF

# OF ROOMS

68

PRICE/ROOM

$142,206 {currency}

CAP RATE

9.03%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

63

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,697 SF

ZONING

-

APN/PARCEL ID

242984

ASK ABOUT THIS PROPERTY

Aaron GravesEverlyGrove Hotel BrokersMore Info
805-704-0334

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Aaron GravesEverlyGrove Hotel BrokersMore Info
805-704-0334

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