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611 W Woldert St
Tyler, TX 75702
The Woldert-Spence Manor · Hospitality Property For Sale
·
7 Rooms
Investment Highlights
- Designated Tyler Historic Landmark.
- Offered turnkey.
- Situated two blocks from the downtown square.
- Operating continuously as a bed and breakfast since 1993.
- Located in the Brick Street Historic District.
- Features original heart-of-pine floors.
Executive Summary
The Woldert-Spence Manor is an 1884 Queen Anne Victorian and a designated Tyler Historic Landmark, operating continuously as a bed and breakfast since 1993. The 3,716 SF Manor offers seven guest rooms, each with a private bath. A detached 1,388 SF carriage house building holds two rental apartments for additional income or owner occupancy. Offered turnkey with furnishings, established booking channels, and more than three decades of operating history.
Property Facts
| Price Per Room | $87,957 CAD | Building Size | 5,104 SF |
| Sale Type | Investment | No. Rooms | 7 |
| Cap Rate | 5.96% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1884 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 1.57/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.00 AC | Opportunity Zone |
Yes
|
| Zoning | R-MF - SFR | ||
| Price Per Room | $87,957 CAD |
| Sale Type | Investment |
| Cap Rate | 5.96% |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 5,104 SF |
| No. Rooms | 7 |
| No. Stories | 2 |
| Year Built | 1884 |
| Parking Ratio | 1.57/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | R-MF - SFR |
Amenities
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | $231.06 CAD | - |
Property Taxes
| Parcel Number | 1-50000-0089-00-011010 | Improvements Assessment | $528,571 CAD |
| Land Assessment | $25,177 CAD | Total Assessment | $553,749 CAD |
Property Taxes
Parcel Number
1-50000-0089-00-011010
Land Assessment
$25,177 CAD
Improvements Assessment
$528,571 CAD
Total Assessment
$553,749 CAD
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