SureStay Plus by Best Western Quanah | 1100 W 11th St
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SureStay Plus by Best Western Quanah 1100 W 11th St
50 Room Hotel Quanah, TX 79252 $3,616,250 CAD ($72,325 CAD/Room) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- Large oversized rooms
- Property's MPI: OCC - 108.51% / ADR - 153.43% / 166.49%
- Only branded, interior corridor hotel in town presenting minimal to no competition
- Priced at $50,000/key
EXECUTIVE SUMMARY
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.
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.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,616,250 CAD | Lot Size | 0.64 AC |
| Price Per Room | $72,325 CAD | Building Size | 34,359 SF |
| Sale Type | Investment | No. Rooms | 50 |
| Cap Rate | 10% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2005/2012 |
| Property Subtype | Hotel | Parking Ratio | 1.69/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $3,616,250 CAD |
| Price Per Room | $72,325 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 34,359 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2012 |
| Parking Ratio | 1.69/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 25 | $180.81 CAD | - |
| Guest Room | 25 | $169.24 CAD | - |
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PROPERTY TAXES
| Parcel Number | 045000027500001903100 | Improvements Assessment | $2,394,224 CAD |
| Land Assessment | $8,995 CAD | Total Assessment | $2,403,219 CAD |
PROPERTY TAXES
Parcel Number
045000027500001903100
Land Assessment
$8,995 CAD
Improvements Assessment
$2,394,224 CAD
Total Assessment
$2,403,219 CAD
ZONING
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
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SureStay Plus by Best Western Quanah | 1100 W 11th St
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