Knights Inn Van Horn | 1309 W Broadway St
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Knights Inn Van Horn 1309 W Broadway St
33 Room Hotel Van Horn, TX 79855 $1,150,000 ($34,848/Room) 11.74% Cap Rate
Executive Summary
All ground floor rooms,15 rooms completely redone with new plumming,electric and whole room remodel.
Located on I-10 and gateway to 3 different national parks.
Pool and Hot Tub
4 BR/ 2 BA manager's apartment
Located on I-10 and gateway to 3 different national parks.
Pool and Hot Tub
4 BR/ 2 BA manager's apartment
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$570,800
|
$15.79
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$570,800
|
$15.79
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$290,000
|
$8.02
|
| Net Operating Income |
$280,800
|
$7.77
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $570,800 |
| Annual Per SF | $15.79 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $570,800 |
| Annual Per SF | $15.79 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $290,000 |
| Annual Per SF | $8.02 |
| Net Operating Income | |
|---|---|
| Annual | $280,800 |
| Annual Per SF | $7.77 |
Property Facts
| Price | $1,150,000 | Lot Size | 1.43 AC |
| Price Per Room | $34,848 | Building Size | 36,158 SF |
| Sale Type | Investment | No. Rooms | 33 |
| Cap Rate | 11.74% | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1969/2004 |
| Property Subtype | Hotel | Parking Ratio | 1.05/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $1,150,000 |
| Price Per Room | $34,848 |
| Sale Type | Investment |
| Cap Rate | 11.74% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.43 AC |
| Building Size | 36,158 SF |
| No. Rooms | 33 |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2004 |
| Parking Ratio | 1.05/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Public Access Wifi
- Hot Tub
About 1309 W Broadway St , Van Horn, TX 79855
Next to a business stand.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 33 | $115.00 | - |
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PROPERTY TAXES
| Parcel Number | 001100011000000000000 | Improvements Assessment | $255,820 |
| Land Assessment | $24,180 | Total Assessment | $280,000 |
PROPERTY TAXES
Parcel Number
001100011000000000000
Land Assessment
$24,180
Improvements Assessment
$255,820
Total Assessment
$280,000
zoning
| Zoning Code | N/A (N/A) |
| N/A (N/A) |
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Knights Inn Van Horn | 1309 W Broadway St
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