2251 N Trade Days Blvd - Hospitality FOR SALE


Canton, TX 75103
$6,350,000 USD
214-226-7500
2251 N Trade Days Blvd, Canton, TX for Sale
$6,350,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

2251 N Trade Days Blvd
Canton, TX 75103


HIGHLIGHTS

  • Renovated in 2024
  • Offered at a current Cap Rate of 9.23%
  • Offered at a current cash on cash return 10.66%
  • 77 rooms arranged over 2 floors
  • Price includes 100 Storage Units and RV Parking Park
  • Newly added splash pad area at seasonal outdoor pool

OVERVIEW

The Best Western Canton Inn presents a prime investment opportunity in the thriving market of Canton, Texas. Price includes 100 Storage Units and RV Parking Park. Located just off Highway 19, this well-established hotel boasts exceptional visibility and accessibility, drawing both business and leisure travelers. With proximity to First Monday Trade Days, one of the nation’s largest flea markets, the inn benefits from consistent year-round demand. The location is also strategically situated near local businesses, outdoor recreational areas like Lake Canton, and easy access to regional airports, making it a versatile choice for a wide range of guests. The hotel offers modern amenities, including a complimentary breakfast, an outdoor pool, and well-appointed guest rooms, ensuring guest satisfaction and repeat business. With its proven track record, solid brand recognition under the Best Western name, and the growing tourism and business presence in the area, this property represents a stable and lucrative investment opportunity for forward-thinking investors. Location Description The Best Western Canton Inn is conveniently located in the heart of Canton, Texas, offering easy access to both business and leisure travelers. Situated just off Highway 19, the hotel is minutes away from the famous First Monday Trade Days, making it an ideal choice for those visiting the area for this popular event. The inn is also close to local businesses and downtown Canton. Hotel guests will appreciate the nearby dining and shopping options, including four restaurants within walking distance of the hotel. Area attractions like Splash Kingdom Water Park, and world-class golf courses are within miles of the Hotel. Natural beauty surrounds Canton, with Lake Canton, local parks, and hiking trails just a short drive away. Dallas/Fort Worth International Airport (DFW) is about an hour and a half drive away, while Tyler Pounds Regional Airport (TYR) is approximately 45 minutes, offering additional travel options. With its prime location, modern amenities, and proximity to both business centers and recreational spots, Best Western Canton Inn is a great base for any trip to the area.

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$167 USD /SF

# OF ROOMS

77

PRICE/ROOM

$82,468 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Canton Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

108

LAND DETAILS

LAND ACRES

5.2 AC

LAND SF

226,702 SF

ZONING

F1

APN/PARCEL ID

R000000115

ASK ABOUT THIS PROPERTY

Salman TabaniTabani RealtyMore Info
214-226-7500

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Salman TabaniTabani RealtyMore Info
214-226-7500

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