Tyler, Price Reduced significantly for a quick sale.
3247 W Gentry Parkway, Tyler, TX
Price Reduced significantly for a quick sale. The Holiday Inn Express in Tyler is available for $4.4 million with a cap rate of 9.0%. The property was newly remodeled in 2016-2017 and completely upgraded to the Formula Blue design scheme. Since the renovation is recently completed, there is no PIP for the new owner. The hotel has interior corridors with 67 rooms arranged across three floors and and overall square footage of 37,168 SF. The property is an ideal location because it is centrally located in Tyler and also located near two main roads. The HIE is also close to local popular attractions such as the Caldwell Zoo, the Tyler Museum of Art, Hudnall Planetarium, Tyler State Park, Tyler Rose Gardens and Museum, Texas Rose Horse Park, and the very popular Canton Trade Days; the largest flea market in the nation. The hotel is also close to the University of Texas at Tyler, Texas College, and Tyler Junior College. The HIE has many accommodations that they offer. The hotel offers free wifi, complimentary breakfast, free parking, an outdoor pool, a fitness facilities, and a professional center. There is also a meeting room available that is 810 SF that can accommodate up to 50 people. Each guest room has a Keurig coffee maker, a refrigerator, microwave, and 42-inch HD televisions with premium television channels.
810 sq. ft.
Gym, Pool, Refrigerator, TV