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Inn at Mexia 600 W Palestine St 65 Room Hotel Mexia, TX 76667 $3,400,800 CAD ($52,320 CAD/Room) 7.39% Cap Rate
Investment Highlights
- 65ROOM MOTEL WiTH 2 Rental Space For Sale In North Texas... ON SIDE RESTAURANT OUTDOOR POOL • • Discount to Replacement Cost
Executive Summary
1, BUILDING SEPARATE 65 ROOM MOTEL
2, BUILDING TWO SEPARATE RENTAL SPACE LONG-TERM LEASE $4000 RENT PER MONTH
3, BULIDING MOTEL OFFICE - LAUNDRY ROOM WITH 4 BEDROOM HOME FOR MANAGER/OWNER
MOTEL LOCATED AT HIGHWAY 14 & HIGHWAY 84 CORNER
Discount to Replacement Cost
Discount to Replacement Cost
2, BUILDING TWO SEPARATE RENTAL SPACE LONG-TERM LEASE $4000 RENT PER MONTH
3, BULIDING MOTEL OFFICE - LAUNDRY ROOM WITH 4 BEDROOM HOME FOR MANAGER/OWNER
MOTEL LOCATED AT HIGHWAY 14 & HIGHWAY 84 CORNER
Discount to Replacement Cost
Discount to Replacement Cost
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,400,800 CAD | Building Size | 58,909 SF |
| Price Per Room | $52,320 CAD | No. Rooms | 65 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.39% | Year Built/Renovated | 1989/2016 |
| Property Type | Hospitality | Parking Ratio | 1.48/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.25 AC | ||
| Zoning | Commercial District 3 - C | ||
| Price | $3,400,800 CAD |
| Price Per Room | $52,320 CAD |
| Sale Type | Investment |
| Cap Rate | 7.39% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.25 AC |
| Building Size | 58,909 SF |
| No. Rooms | 65 |
| No. Stories | 2 |
| Year Built/Renovated | 1989/2016 |
| Parking Ratio | 1.48/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial District 3 - C |
Amenities
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 65 | $104.74 CAD | - |
1 1
Property Taxes
| Parcel Numbers | Total Assessment | $1,881,769 CAD | |
| Land Assessment | $376,254 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,505,515 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$376,254 CAD
Improvements Assessment
$1,505,515 CAD
Total Assessment
$1,881,769 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
RAMS MEXIA INC
Inn at Mexia | 600 W Palestine St
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