2723 S Main St | Perryton, TX 79070
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2723 S Main St
Perryton, TX 79070
Holiday Inn Express & Suites Perryton · Hospitality Property For Sale
·
42,408 SF
INVESTMENT HIGHLIGHTS
- Latest prototype, built October 2016; Market leader in performance and amenities
- Revenue Increase of over 27% from 2017 to 2018 and on pace to do 10% higher this year
- The Hotel is ready to be managed by Owner - Operator, with the ability to control costs and increase revenue
- 10% Cap Rate on 2018 actuals with 3% management expense in place
- Priced at $87.5k/door on turnkey upper-midscale hotel
- The hotel is rated 4.5 stars on TripAdvisor
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 42,408 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built | 2016 |
| Lot Size | 1.97 AC | Corridor | Interior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.97 AC |
| Building Size | 42,408 SF |
| No. Stories | 3 |
| Year Built | 2016 |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
PROPERTY TAXES
| Parcel Number | 10100200000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,120,970 |
PROPERTY TAXES
Parcel Number
10100200000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,120,970
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