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1907 Lamar Ave
Paris, TX 75460

$2,350,000 USD

Hotel For Sale  •  17,444 SF

Property Details

  • Property Type Hotel
  • Total Building Size 17,444 SF
  • Lot Size 2.73 AC
  • Building Class C
  • Year Built 1950
  • Zoning F1
40 Walk Score

Highlights

Fee Simple Interest in the 50-Unit, Two-Story, Limited-Service Independent Hotel, very easy to operate & ideal size for an Owner-Operator
Priced at 13.8% CAP Rate based on Dec 2024 Revenues with NOI of $326,190
Strategic location along one of Paris’s primary commercial corridors, providing strong traffic exposure and access to retail and dining
Prime Location: Located 93 mi from Texarkana Regional Airport and 112 miles from Dallas Fort Worth International Airport (DFW)
Comfortable guest accommodations, featuring air-conditioned rooms with private bathrooms, wardrobes, work desks, microwaves, and dining tables
Essential on-site amenities, including complimentary WiFi, a 24-hour front desk, free private parking, and convenient ground-floor room access

Property Flyers

Rav Singh, CCIM 210-849-2175 Singh Commercial Group | KW Commercial
Rav Singh, CCIM 210-849-2175 Singh Commercial Group | KW Commercial