Cannon Inn, Gonzales, TX

3307 US Highway 90, Gonzales, 78629, Texas, United States

February 13, 2025

Property Description
For Sale $2,450,000

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.

Click here for more information

Inquire for detailed financial information and to schedule a property tour.

NOW OPEN & BOOKING!!

Call us today (754) 218-0220!

  • Type

    Multi Family
  • Build

    1960
  • Size

    16,256 sq ft
  • Lot Size

    1.26 sq ft acres
Additional Features
  • Total Units54
  • ConstructionCBS
  • RoofAsphalt Shingle
Property Map
Related Properties
Theobald St Apts, Greenville, MS

Greenville

  • Bedrooms

    2

  • Bathrooms

    1

  • Parking

    NA

625 sq ft

$850,000

Tudor Towers, Poplar Bluff, MO

Poplar Bluff

  • Bedrooms

    24

  • Bathrooms

    NA

  • Parking

    NA

RealPro
  • Email: buyers@realpro.com
View Profile
Contact with RealPro
User Login

Lost your password?
Cart 0