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350 W Overland Trl
Abilene, TX 79601
Best Western Abilene Inn & Suites · Hospitality Property For Sale · 33,662 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 2.67 AC
Building Size 33,662 SF
No. Stories 2
Year Built 2001
Corridor Interior
Zoning C-3

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

ABOUT 350 W OVERLAND TRL , ABILENE, TX 79601

Good performing Hotel has 9.5% revenue, 2% Occupancy, and 2% ADR up compared to first ten month of 2016 Hotel has already generated Million Plus room revenue in first nine months of 2017. Best Western Inn & Suites is just the best example. Best Western offers 60 air conditioned guest rooms. Out of that 27 are Suites, and 33 ordinary guest rooms. Hotel was built in 2001, on 2.79 Acres land. Hotel financials are very strong and prices at 3.35 times of 12 month trailing revenue. Existing CAP rate is 7.41% and potential to grow. According to Taylor County Appraisal District, Hotel Real Estate Valued 3.61 M. Hotel Management understands that location and customer values are the key ingredients for success, therefore, they prioritize both. Best Western offer many exciting amenities that are standard in all guest rooms including a refrigerator, microwave, free local calls and free long-distance access. Hotel also offer a complimentary deluxe continental breakfast and personal service to all guests. Recreational amenities at the hotel include an outdoor pool and a 24-hour fitness. High occupancy, low marketing budget, repeat walk in customers. HURRY, MOTIVATED SELLER, WILL BE GONE SOON

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100437
Land Assessment
$220,898
Improvements Assessment
$4,214,102
Total Assessment
$4,435,000
  • Listing ID: 7475643

  • Date on Market: 6/2/2017

  • Last Updated:

  • Address: 350 W Overland Trl, Abilene, TX 79601

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