Comfort Inn & Suites


Price:
  $8,450,000   
$8,150,000

Address :
404 S Interstate 35 East Service Rd
Red Oak, TX 75154


  •  Click Here To Fill Out CONFIDENTIALITY AGREEMENT
  •  Hotel is within the DFW area.
  •  Consistent operating performance both in terms of revenues and profitability.
  •  Net Operating Income consistently over 39% for last 3 years.
  •  Physical asset in great Condition.
  •  11.02 Cap Rate based on December 2016 year end Net Operating Income.
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  •  The population in Red Oak has more than tripled since 1990. This trend is expected to continue in coming decades, with the 2030 population projected to be 63,329.
  •  Situated in Red Oak’s Commercial Corridor
  •  Close to Regional Demand Generators, Including...
    •  10 Miles to Waxahachie Civic Center
    •  14 Miles to Scarborough Renaissance Festival
    •  20 Miles to Joe Pool Lake
    •  21 Miles to Texas Motorplex
    •  28 Miles to Six Flags Over Texas
    •  36 Miles to DFW International Airport
  •  97 Rooms
  •  Breakfast Area (Seats 32)
  •  Meeting Space (Seats 50)
  •  Business Center
  •  Guest Laundry
  •  Fitness Center
  •  Seasonal Outdoor Pool
  •  Wireless Internet
  •  2 Stories & 4 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  Stucco & Brick Facade
  •  Pitched, Shingle Roof
  •  Concrete Parking Lot
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2014
2015
2016
Occupancy
92.48%
86.95%
85.44%
Average Daily Rate
$62.58
$63.63
$67.53
Room Revenue
$1,390,999
$1,712,107
$2,059,897
Net Operating Income
$556,362
$736,803
$931,288
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!