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Hospitality House 528 S Saunders Ave 51 Room Hotel Tyler, TX 75702 $8,026,540 CAD ($157,383 CAD/Room) 3.48% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Furnished Studio & 1 Bedroom Units
- Stable Occupancy and Consistent Cash Flow
EXECUTIVE SUMMARY
Presenting an exceptional investment opportunity in Tyler, TX, situated just across the street from Christus Trinity Mother Frances Hospital and the Northeast Texas Cancer and Research Institute, and only 0.5 miles from UT Health East Texas. This property is perfectly positioned to meet the housing demand for traveling healthcare professionals and long-term outpatients, capitalizing on the growing need for quality, flexible rental options in a key medical hub.
PROPERTY FACTS
| Price | $8,026,540 CAD | Building Size | 26,124 SF |
| Price Per Room | $157,383 CAD | No. Rooms | 51 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 3.48% | Year Built/Renovated | 1963/2023 |
| Property Type | Hospitality | Parking Ratio | 0.96/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.09 AC | ||
| Zoning | HM | ||
| Price | $8,026,540 CAD |
| Price Per Room | $157,383 CAD |
| Sale Type | Investment |
| Cap Rate | 3.48% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 26,124 SF |
| No. Rooms | 51 |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2023 |
| Parking Ratio | 0.96/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | HM |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 51 | $117.26 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 1-50000-0253-00-006010 | Improvements Assessment | $4,688,631 CAD |
| Land Assessment | $469,098 CAD | Total Assessment | $5,157,730 CAD |
PROPERTY TAXES
Parcel Number
1-50000-0253-00-006010
Land Assessment
$469,098 CAD
Improvements Assessment
$4,688,631 CAD
Total Assessment
$5,157,730 CAD
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Hospitality House | 528 S Saunders Ave
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