This Hospitality Property is no longer advertised on LoopNet.com.

2904 Michelle Dr
Sherman, TX 75092
Comfort Inn Sherman - Denison Area · Hospitality Property For Sale · 69 Rooms

Investment Highlights

  • Three-Story, 69-Room, Choice Hotels-Branded, Interior-Corridor Hotel
  • Easily Accessible and Highly Visible from the Intersection of U.S. Highway 75 and U.S. Highway 82
  • TTM June Room Revenues Exceeded $1.4 Million
  • Located 65 Miles North of Dallas
  • Situated Near Sherman’s Largest Employers and Highest Value Businesses
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.23 AC
Building Size 38,565 SF
No. Rooms 69
No. Stories 3
Year Built/Renovated 1999/2021
Parking Ratio 1.13/1,000 SF
Corridor Interior
Zoning C1

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $133.00 -
Guest Room 67 $126.00 -

Property Taxes

Property Taxes

Parcel Number
155080
Land Assessment
$732,374
Improvements Assessment
$5,766,005
Total Assessment
$6,498,379
  • Listing ID: 29696906

  • Date on Market: 10/3/2023

  • Last Updated:

  • Address: 2904 Michelle Dr, Sherman, TX 75092

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