3560 NE Loop 286 | Paris, TX 75460
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- LoopNet Team
3560 NE Loop 286
Paris, TX 75460
VIP Inn and Suites Paris · Hospitality Property For Sale
·
58,979 SF
INVESTMENT HIGHLIGHTS
- Two-Story, 114-Room, Wyndham-Branded Hotel with Fully Leased Restaurant and Bar Space
- Ideal Highway Location and Visibility from Loop 286 and Highway 82
- Operational Upside for Hands-On Owner-Operator to Decrease Expenses & Increase Net Operating Income
- Priced Below Replacement Cost at $30,702 per Key
- May 2022 Trailing Twelve Month Revenues Have Increased 85 Percent Since Year-End 2019
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1982/2011 |
| Building Class | C | Parking Ratio | 3.9/1,000 SF |
| Lot Size | 4.61 AC | Corridor | Exterior |
| Building Size | 58,979 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.61 AC |
| Building Size | 58,979 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2011 |
| Parking Ratio | 3.9/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Commercial |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 3560 NE LOOP 286 , PARIS, TX 75460
The Baymont Paris is a two-story, 114-room Hotel stationed at 3560 Northeast Loop 286, near the intersection of Loop 286 and Highway 82. This Hotel features an outdoor pool, exercise room, business center, RV and bus parking, and banquet facilities. Spacious guest rooms offer a flat-screen television, a work desk, microwave, and mini-refrigerator. Additional amenities at the Property include a fully leased onsite bar and restaurant space.
PROPERTY TAXES
| Parcel Number | 18761 | Improvements Assessment | $1,852,223 |
| Land Assessment | $547,310 | Total Assessment | $2,399,533 |
PROPERTY TAXES
Parcel Number
18761
Land Assessment
$547,310
Improvements Assessment
$1,852,223
Total Assessment
$2,399,533
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