Days Inn Eastland

2501 Interstate 20, Eastland, TX

$1,700,000

Price

7.56%

Cap Rate

$128,551.54

NOI

Overview
Cap Rate
7.56%
NOI
$128,551.54
Building Size
17,679 sqft
Lot Area
2.84 acres
Keys
71
Occupancy
60.5%
Year Built
1966
Floors
2
Description

The Days Inn Eastland is exclusively listed by Tabani Realty. The hotel was built in 1966 and most recently remodeled in 2017/2018. During the remodel, the rooms were painted in 2017 and in 2018 the lobby and banquet room were remodeled. The property has 71 rooms and an overall living space of 17,679 SF across 2 floors. The property sits on a 2.84 acre parcel of land that is also included in the sale. The Days Inn has a very convenient location right off of the major highway Interstate 20, one of the longest highways in Texas.

The Days Inn Eastland has many accommodations that they offer guests. For special events or meetings, there is a meeting space that is 1,324 SF that can accommodate up to 100 guests. The hotel also offers free breakfast, free coffee and tea in the lobby, is pet-friendly, free Wifi, and free newspapers in the lobby. Each room comes with a hairdryer, television, and free toiletries. For the warmer days, guests can enjoy the outdoor pool. Also outdoors, there are barbecue grills onsite as well as free parking available for buses and trucks.

The Days Inn is located in Eastland, TX. Eastland is located off of Interstate 20 between Fort Worth and Abilene. It is about 96 miles west of Fort Worth and 55 miles east of Abilene. The small , suburban town has a current population just under 4,000. The town is is popular for families and for those that have retired. Due to the easy access of the major Interstate 20, Eastland also gets many visitors from people passing through that are traveling to other parts of Texas or other locations.

Popular attractions near the hotel are the Breckenridge Aviation museum, the Eastland County Museum, Grimes Memorial Garden, The Days Inn is also near downtown Eastland and Lake Leon. Lake Leon is a highly rated lake that offers activities like boating, golfing, and great bass fishing.

Highlights
  • 71 guestrooms
  • Great highway visibility
  • Easy access to I-20
  • Also close to FM 570/Highway 6, giving easy access to whole area
  • Near local attractions
  • Occupancy has improved an estimated 15% over the past year
  • Close to downtown
  • Near Lake Leon
  • Outdoor pool
  • BBQ grills for guests
  • Meeting room
  • Free breakfast
  • Free newspaper and coffee in lobby
  • On-site self-service laundry for guests
  • Free wifi
  • Free parking and parking for buses/RV
Documents

Location
Gallery