Comfort Suites Lindale Tyler North, TX | 200 Centennial Blvd
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Comfort Suites Lindale Tyler North, TX 200 Centennial Blvd
65 Room Hotel Lindale, TX 75771 $5,800,000 ($89,231/Room) 9.09% Cap Rate
Investment Highlights
- Significant Occupancy Growth in 2024
- Stable ADR Performance
- Reliable Revenue Positioning
- Strong Market Share
- RevPAR Outperformance
Executive Summary
The Comfort Suites Lindale, Tyler, TX opened in 2008 as a Choice franchise, the property has demonstrated solid growth in 2024, with occupancy up 9.0% year-to-date, surpassing the competitive set's 1.3% growth. With an MPI of 102.8, a recent ADR increase to $87.98, and an 8.1% rise in RevPAR, it shows strong market resilience. A minimal new owner PIP estimated at $50K–$75K makes this an attractive, manageable investment with the potential for further growth under new ownership.
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Highlights & Location:
*Comfort Suites Lindale Tyler North offers a strategic opportunity with strong occupancy and RevPAR growth in 2024, signaling high market demand. Despite previous management challenges that lowered ADR in 2023 ($91.82 vs. comp set $97.37), the hotel is positioned for recovery.
*A small PIP investment ($50K-$75K) allows a new owner to boost market share and profitability.
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Texas Broker of Record:
Jatin "JT" Jariwala
C: 469.233.2191
E: JT@HBofAmerica.com
TX DRE #593897
*
*
Highlights & Location:
*Comfort Suites Lindale Tyler North offers a strategic opportunity with strong occupancy and RevPAR growth in 2024, signaling high market demand. Despite previous management challenges that lowered ADR in 2023 ($91.82 vs. comp set $97.37), the hotel is positioned for recovery.
*A small PIP investment ($50K-$75K) allows a new owner to boost market share and profitability.
*
*
Texas Broker of Record:
Jatin "JT" Jariwala
C: 469.233.2191
E: JT@HBofAmerica.com
TX DRE #593897
Property Facts
| Price | $5,800,000 | Lot Size | 2.00 AC |
| Price Per Room | $89,231 | Building Size | 48,016 SF |
| Sale Type | Investment | No. Rooms | 65 |
| Cap Rate | 9.09% | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2008 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $5,800,000 |
| Price Per Room | $89,231 |
| Sale Type | Investment |
| Cap Rate | 9.09% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 48,016 SF |
| No. Rooms | 65 |
| No. Stories | 3 |
| Year Built | 2008 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 65 | $105.00 | - |
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PROPERTY TAXES
| Parcel Number | 1-47540-0000-00-001000 | Improvements Assessment | $2,163,048 |
| Land Assessment | $679,500 | Total Assessment | $2,842,548 |
PROPERTY TAXES
Parcel Number
1-47540-0000-00-001000
Land Assessment
$679,500
Improvements Assessment
$2,163,048
Total Assessment
$2,842,548
zoning
| Zoning Code | F10 (Motel/Commercial) |
| F10 (Motel/Commercial) |
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Comfort Suites Lindale Tyler North, TX | 200 Centennial Blvd
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