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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $8,830,183 CAD
Price Per Room $114,678 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.20 AC
Building Size 38,120 SF
No. Rooms 77
No. Stories 2
Year Built/Renovated 1980/2024
Parking Ratio 2.83/1,000 SF
Corridor Exterior
Zoning F1

Amenities

  • Business Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 77 $134.89 CAD -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
R000000115
Land Assessment
$804,291 CAD
Improvements Assessment
$2,535,057 CAD
Total Assessment
$3,339,348 CAD
  • Listing ID: 37412644

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 2251 N Trade Days Blvd, Canton, TX 75103

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