This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

937 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Knights Inn Van Horn 1309 W Broadway St

33 Room Hotel Van Horn, TX 79855 $1,657,840 CAD ($50,238 CAD/Room) 11.74% Cap Rate

Hotels Texas Van Horn 1309 W Broadway St, Van Horn, TX 79855

Executive Summary

All ground floor rooms,15 rooms completely redone with new plumming,electric and whole room remodel.
Located on I-10 and gateway to 3 different national parks.
Pool and Hot Tub
4 BR/ 2 BA manager's apartment

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $822,865 $22.76
Other Income - -
Vacancy Loss - -
Effective Gross Income $822,865 $22.76
Taxes - -
Operating Expenses - -
Total Expenses $418,064 $11.56
Net Operating Income $404,801 $11.20

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $822,865
Annual Per SF $22.76
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $822,865
Annual Per SF $22.76
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $418,064
Annual Per SF $11.56
Net Operating Income (CAD)
Annual $404,801
Annual Per SF $11.20

Property Facts

Price $1,657,840 CAD Lot Size 1.43 AC
Price Per Room $50,238 CAD Building Size 36,158 SF
Sale Type Investment No. Rooms 33
Cap Rate 11.74% No. Stories 1
Property Type Hospitality Year Built/Renovated 1969/2004
Property Subtype Hotel Parking Ratio 1.05/1,000 SF
Building Class C Corridor Exterior
Price $1,657,840 CAD
Price Per Room $50,238 CAD
Sale Type Investment
Cap Rate 11.74%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.43 AC
Building Size 36,158 SF
No. Rooms 33
No. Stories 1
Year Built/Renovated 1969/2004
Parking Ratio 1.05/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Public Access Wifi
  • Hot Tub

About 1309 W Broadway St , Van Horn, TX 79855

Next to a business stand.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 33 $165.78 CAD -
1 of 1

PROPERTY TAXES

Parcel Number 001100011000000000000 Improvements Assessment $707,145 CAD (2024)
Land Assessment $34,724 CAD (2024) Total Assessment $741,869 CAD (2024)

PROPERTY TAXES

Parcel Number
001100011000000000000
Land Assessment
$34,724 CAD (2024)
Improvements Assessment
$707,145 CAD (2024)
Total Assessment
$741,869 CAD (2024)

zoning

Zoning Code N/A (N/A)
N/A (N/A)
(432) 283-2030

Contact

  • Sudhir Bhakta
    Sudhir Bhakta
  • Knights Inn & Suites

  • Listing ID: 3733684

  • Date on Market: 2016-09-09

  • Last Updated:

  • Address: 1309 W Broadway St, Van Horn, TX 79855

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
1309 W Broadway St, Van Horn, TX for sale Primary Photo- Image 1 of 2
Primary Photo

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Knights Inn Van Horn | 1309 W Broadway St
(432) 283-2030 x

Knights Inn Van Horn | 1309 W Broadway St

Sudhir Bhakta

(432) 283-2030

(432) 283-2030

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link