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Hospitality House 528 S Saunders Ave 51 Room Hotel Tyler, TX 75702 $5,750,000 ($112,745/Room) 3.48% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Furnished Studio & 1 Bedroom Units
- Stable Occupancy and Consistent Cash Flow
EXECUTIVE SUMMARY
Presenting an exceptional investment opportunity in Tyler, TX, situated just across the street from Christus Trinity Mother Frances Hospital and the Northeast Texas Cancer and Research Institute, and only 0.5 miles from UT Health East Texas. This property is perfectly positioned to meet the housing demand for traveling healthcare professionals and long-term outpatients, capitalizing on the growing need for quality, flexible rental options in a key medical hub.
PROPERTY FACTS
| Price | $5,750,000 | Building Size | 26,124 SF |
| Price Per Room | $112,745 | No. Rooms | 51 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 3.48% | Year Built/Renovated | 1963/2023 |
| Property Type | Hospitality | Parking Ratio | 0.96/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.09 AC | ||
| Zoning | HM | ||
| Price | $5,750,000 |
| Price Per Room | $112,745 |
| Sale Type | Investment |
| Cap Rate | 3.48% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 26,124 SF |
| No. Rooms | 51 |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2023 |
| Parking Ratio | 0.96/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | HM |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 51 | $84.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 1-50000-0253-00-006010 | Improvements Assessment | $3,325,011 |
| Land Assessment | $332,668 | Total Assessment | $3,657,679 |
PROPERTY TAXES
Parcel Number
1-50000-0253-00-006010
Land Assessment
$332,668
Improvements Assessment
$3,325,011
Total Assessment
$3,657,679
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Hospitality House | 528 S Saunders Ave
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