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FOR SALE HOLIDAY INN EXPRESS TYLER NORTH 3247 W Gentry Pkwy, Tyler, TX 75702 Tabani Realty Salman (Sam) Tabani 15455 Dallas Parkway 972.810.7729 x1 Addison, TX 75001 [email protected] 972.810.7729 tabanirealty.com FOR SALE | HOLIDAY INN EXPRESS TYLER NORTH 3247 W Gentry Pkwy, Tyler, TX 75702 Executive Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $5,500,000 The Holiday Inn Express in Tyler is available for $5.5 million with a cap rate of 8.25%. The property was recently renovated in 2016-2017 and completely Price / SF: $147.98 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 Cap Rate: 8.25% with 67 rooms arranged across 3 floors and and overall square footage of 37,168 SF. The property is an ideal location because it is centrally located in Tyler NOI: $454,024 and also located near 2 main roads. The HIE is also close to local popular attractions such as the Caldwell Zoo, the Tyler Museum of Art, Hudnall Lot Size: 2.22 Acres 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 Year Built: 2000 nation. The hotel is also close to the University of Texas at Tyler, Texas College, and Tyler Junior College. Years Renovated: 2016-2017 LOCATION OVERVIEW Building Size: 37,168 SF Tyler is located about about 100 miles east of Dallas and also about 100 miles west of Shreveport. Tyler is the 2nd largest city in East Texas. It is the largest city in Zoning: Commercial Smith County, Texas, of which it is the county seat. The current population of Tyler is is 107, 405. Market: East Texas Submarket: Tyler Tabani Realty Salman (Sam) Tabani 15455 Dallas Parkway 972.810.7729 x1 Addison, TX 75001 [email protected] 972.810.7729 tabanirealty.com FOR SALE | HOLIDAY INN EXPRESS TYLER NORTH 3247 W Gentry Pkwy, Tyler, TX 75702 Additional Photos Tabani Realty Salman (Sam) Tabani 15455 Dallas Parkway 972.810.7729 x1 Addison, TX 75001 [email protected] 972.810.7729 tabanirealty.com FOR SALE | HOLIDAY INN EXPRESS TYLER NORTH 3247 W Gentry Pkwy, Tyler, TX 75702 Location Maps Tabani Realty Salman (Sam) Tabani 15455 Dallas Parkway 972.810.7729 x1 Addison, TX 75001 [email protected] 972.810.7729 tabanirealty.com FOR SALE | HOLIDAY INN EXPRESS TYLER NORTH 3247 W Gentry Pkwy, Tyler, TX 75702 Retailer Map Tabani Realty Salman (Sam) Tabani 15455 Dallas Parkway 972.810.7729 x1 Addison, TX 75001 [email protected] 972.810.7729 tabanirealty.com FOR SALE | HOLIDAY INN EXPRESS TYLER NORTH 3247 W Gentry Pkwy, Tyler, TX 75702 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 4,004 27,673 64,864 MEDIAN AGE 31.7 30.7 31.6 MEDIAN AGE (MALE) 31.7 28.4 29.0 MEDIAN AGE (FEMALE) 32.5 33.1 34.4 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 1,381 9,106 22,242 # OF PERSONS PER HH 2.9 3.0 2.9 AVERAGE HH INCOME $37,398 $37,965 $49,689 AVERAGE HOUSE VALUE $91,910 $74,606 $137,511 * Demographic data derived from 2010 US Census Tabani Realty Salman (Sam) Tabani 15455 Dallas Parkway 972.810.7729 x1 Addison, TX 75001 [email protected] 972.810.7729 tabanirealty.com Tabani Realty • 15455 Dallas Parkway • Addison, TX 75001 • 972.810.7729 • tabanirealty.com.

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