Presenting The Cannon Inn, a substantially cash flow positive 54-room hotel in Gonzales, Texas. This well-maintained property features 34 recently renovated rooms and consistently operates at near full occupancy, demonstrating strong existing revenue. Benefit from a dedicated on-site community and management team, ensuring efficient operations and minimizing owner involvement.
Significant value-add potential exists through the renovation of the remaining 20 rooms, offering a clear pathway to increased revenue and property valuation. Located strategically in Gonzales, The Cannon Inn benefits from its proximity to local businesses and community events, driving consistent demand. Gonzales is a growing area with a stable economy, making this a prime investment location.
The Cannon Inn offers a rare combination of strong current performance, streamlined management, and substantial upside through strategic capital improvements. This is an exceptional opportunity to acquire a high-performing asset in a promising Texas market.
Please note that we require 10% EMD and a minimum 25% cash amount at closing before any contracts are accepted.
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