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30859134
31225967

1907 Lamar Ave, Paris, TX 75460

RS
TX TX 0560351
KW Commercial
Listed by KW Commercial
$2,350,000
88 days on market
Updated 67 days ago
Opportunity zone

Kings Inn Motel

Details
Property Type Hospitality
Sub Type Motel
Keys 50
Cap Rate 13.88%
NOI $326,190
Occupancy 58%
Year Built 1956
Buildings 1
Stories 2
Acreage 2.730
Zoning F1
Sale Condition For sale by owner

Hospitality | 50 Keys | $47,000/key

Marketing description

Singh Commercial Group KW Commercial is pleased to present to qualified buyers the Kings Inn Motel, a 50‑room motel located along the primary commercial corridor of Paris, Texas. This established motel represents a compelling investment opportunity for hospitality operators seeking value‑add potential. Situated on 1.49 acres the property offers strong visibility, convenient access, and proximity to key economic drivers.

Originally built in 1950, the Kings Inn Motel features two stories of exterior‑corridor guest rooms. Guest accommodations include air‑conditioned rooms with private bathrooms, wardrobes, work desks, microwaves, and dining tables, providing comfort for guests. On‑site amenities include complimentary WiFi, a 24‑hour front desk, free private parking, and convenient ground‑floor room access.

Location Information:

Paris, Texas, is a welcoming regional hub known for its historic charm, strong community identity, and steady flow of visitors from across Northeast Texas and Southern Oklahoma. The Kings Inn Motel is ideally positioned along Lamar Avenue, a primary commercial corridor providing strong traffic exposure and access to retail and dining. Its location places it within minutes of Downtown Paris and key demand generators making it a convenient lodging option for a wide range of guests.

The motel sits near the Paris Regional Health System, a major driver of business travel, and is just a short distance from the city’s most recognized landmark, the Eiffel Tower with the Red Cowboy Hat, which attracts tourists year‑round. Outdoor enthusiasts benefit from the property’s proximity to Pat Mayse Lake, a popular destination for fishing, camping, and seasonal recreation. Paris also hosts several annual events, including the Paris Balloon & Music Festival, which draw visitors from surrounding counties and contribute to peak‑season lodging demand.

Investment highlights

  • Fee Simple Interest in the 50-Unit, Two-Story, Limited-Service Independent Hotel, very easy to operate & ideal size for an Owner-Operator

  • Priced at 13.8% CAP Rate based on Dec 2024 Revenues with NOI of $326,190

  • Prime Location: Located 93 mi from Texarkana Regional Airport and 112 miles from Dallas Fort Worth International Airport (DFW)

  • Strategic location along one of Paris’s primary commercial corridors, providing strong traffic exposure and access to retail and dining

  • Comfortable guest accommodations, featuring air‑conditioned rooms with private bathrooms, wardrobes, work desks, microwaves, and dining tables

  • Essential on‑site amenities, including complimentary WiFi, a 24‑hour front desk, free private parking, and convenient ground‑floor room access

Listing Contacts

RS
TX TX 0560351
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$326,190.00
$27,182.50/mo

Valuation Metrics

0
DSCR
13.88%
Cap Rate
13.88%
ROI

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Additional Information

Name
Rav Singh, CCIM
License
TX 0560351
Brokerage
KW Commercial
Brokerage Phone
210-849-2175
Title
Real Estate Broker
Brokerage Address
15510 Vance Jackson Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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