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Best Classic Inn 13611 Rankin Cor W 60 Room Hotel Houston, TX 77073 $3,489,800 CAD ($58,163 CAD/Room)
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
| Price | $3,489,800 CAD | Building Size | 21,655 SF |
| Price Per Room | $58,163 CAD | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1984 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 0.75 AC | Corridor | Exterior |
| Zoning | N/Ap, County | ||
| Price | $3,489,800 CAD |
| Price Per Room | $58,163 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 21,655 SF |
| No. Rooms | 60 |
| No. Stories | 3 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 1.52/1,000 SF |
| Corridor | Exterior |
| Zoning | N/Ap, County |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 60 | $55.84 CAD | - |
PROPERTY TAXES
| Parcel Number | 0440320010002 | Improvements Assessment | $400,901 CAD |
| Land Assessment | $363,954 CAD | Total Assessment | $764,856 CAD |
PROPERTY TAXES
Parcel Number
0440320010002
Land Assessment
$363,954 CAD
Improvements Assessment
$400,901 CAD
Total Assessment
$764,856 CAD
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Presented by
Amit Mehta Inc
Best Classic Inn | 13611 Rankin Cor W
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