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Cannon Inn 3307 US Highway 90A E 54 Room Hotel Gonzales, TX 78629 $1,950,000 ($36,111/Room) 25% Cap Rate
INVESTMENT HIGHLIGHTS
- AMAZING OPPORTUNITY! Distressed Hotel! Needs Operator!
- Joint Venture on Financing Available.
- Make up to 60K A MONTH. MOTIVATED SELLER!
PROPERTY FACTS
| Price | $1,950,000 | Lot Size | 1.25 AC |
| Price Per Room | $36,111 | Building Size | 32,788 SF |
| Sale Type | Investment | No. Rooms | 54 |
| Cap Rate | 25% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1960/2023 |
| Property Subtype | Hotel | Parking Ratio | 1.09/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | F1 - Commercial | ||
| Price | $1,950,000 |
| Price Per Room | $36,111 |
| Sale Type | Investment |
| Cap Rate | 25% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 32,788 SF |
| No. Rooms | 54 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2023 |
| Parking Ratio | 1.09/1,000 SF |
| Corridor | Exterior |
| Zoning | F1 - Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 54 | $77.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 12563 | Improvements Assessment | $455,400 |
| Land Assessment | $38,380 | Total Assessment | $493,780 |
PROPERTY TAXES
Parcel Number
12563
Land Assessment
$38,380
Improvements Assessment
$455,400
Total Assessment
$493,780
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Cannon Inn | 3307 US Highway 90A E
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