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INVESTMENT HIGHLIGHTS
- Auction Sale: Opportunity to acquire an institutionally-owned, 84-room, Holiday Inn Express & Suites in Paris, Texas.
- The Holiday Inn Express & Suites will be delivered unencumbered of management. This presents significant upside potential for a more hands-on operator
- The current franchise agreement with IHG ends in January 2026. There are multiple branding options available for a new owner.
EXECUTIVE SUMMARY
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Holiday Inn Express & Suites in Paris, Texas. Located off Highway 286, the property provides convenient access to Paris Junior College, the Eiffel Tower, Pat Mayse Lake, the Santa Fe-Frisco Union Depot Train Station and Museum, the Sam Bell Maxey House State Historic Site, and Paris Regional Medical Center. This offering represents a unique opportunity to acquire a limited-service asset with significant potential for value enhancement in a thriving market of Paris, Texas.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 57,468 SF |
| Property Type | Hospitality | No. Rooms | 84 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built | 2009 |
| Lot Size | 1.37 AC | Corridor | Interior |
| Zoning | F1 - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.37 AC |
| Building Size | 57,468 SF |
| No. Rooms | 84 |
| No. Stories | 4 |
| Year Built | 2009 |
| Corridor | Interior |
| Zoning | F1 - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 22 | $189.68 CAD | - |
| Guest Room | 62 | $160.60 CAD | - |
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PROPERTY TAXES
| Parcel Number | 118080 | Improvements Assessment | $10,780,924 CAD |
| Land Assessment | $316,498 CAD | Total Assessment | $11,097,423 CAD |
PROPERTY TAXES
Parcel Number
118080
Land Assessment
$316,498 CAD
Improvements Assessment
$10,780,924 CAD
Total Assessment
$11,097,423 CAD
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Holiday Inn Express & Suites Paris | 3025 NE Loop 286
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