13611 Rankin Cor W - Hospitality FOR SALE


Houston, TX 77073- Northview
$2,500,000 USD
832-607-1579
13611 Rankin Cor W, Houston, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

13611 Rankin Cor W
Houston, TX 77073
Northview


OVERVIEW

Independent 60 Room property Offered at a significant discount to replacement cost .Property Can Be Converted to Franchise Property . Fresh PIP will allow the new owner to more effectively compete by improving penetration within the Transient competitive set while increasing cash flow through improving operating Margins. Seller Finance Available to Qualified Buyer Only .Property has Manager Living Area on the First Floor . Video tour to the Property link https://vimeo.com/1115620031/5efdaf1635?ts=0&share=copy

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$115 USD /SF

# OF ROOMS

60

PRICE/ROOM

$41,667 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Classic Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

N/Ap, County

APN/PARCEL ID

0440320010002

ASK ABOUT THIS PROPERTY

Amit MehtaAmit Mehta IncMore Info
832-607-1579

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Amit MehtaAmit Mehta IncMore Info
832-607-1579

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.