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Cannon Inn 3307 US Highway 90A E 54 Room Hotel Gonzales, TX 78629 $2,722,044 CAD ($50,408 CAD/Room) 25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • AMAZING OPPORTUNITY! Distressed Hotel! Needs Operator!
  • Joint Venture on Financing Available.
  • Make up to 60K A MONTH. MOTIVATED SELLER!

PROPERTY FACTS

Price $2,722,044 CAD
Price Per Room $50,408 CAD
Sale Type Investment
Cap Rate 25%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.25 AC
Building Size 32,788 SF
No. Rooms 54
No. Stories 2
Year Built/Renovated 1960/2023
Parking Ratio 1.09/1,000 SF
Corridor Exterior
Zoning F1 - Commercial

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Digital key

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 54 $107.49 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12563
Land Assessment
$53,675 CAD
Improvements Assessment
$636,881 CAD
Total Assessment
$690,556 CAD
  • Listing ID: 35922722

  • Date on Market: 2025-05-20

  • Last Updated:

  • Address: 3307 US Highway 90A E, Gonzales, TX 78629

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