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31436484
31436501

2251 N Trade Days Blvd, Canton, TX 75103 For Sale

ST
TX 0546558
Tabani Realty
Listed by Tabani Realty
$6,150,000
112 days on market
Updated 33 days ago

Best Western Canton Inn

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 38,120
Keys 77
Price per SqFt $161
Year Built 1980
Year Renovated 2024
Stories 2
Acreage 5.200
Zoning F1
Investment Type Value Add
Ownership Fee Simple

77 Keys | 9.5% Cap | 12.65 Cash on Cash

Marketing description

Property Description

Seize a rare opportunity to acquire a proven, income-generating hospitality asset in the heart of East Texas. Ranked #1 of 6 hotels in Canton on TripAdvisor, the Best Western Canton Inn offers 77 well-appointed rooms backed by one of the most reliable demand drivers in the region: First Monday Trade Days, the world's largest flea market, drawing vendors and shoppers from across the United States every single month. That's 12 built-in demand cycles per year — a competitive advantage few hospitality assets can match. The property features renovated guest rooms, an outdoor pool, fitness center, business center, and complimentary hot breakfast, all operating under the nationally recognized Best Western flag with its global loyalty program and booking infrastructure. Additional leisure demand from Splash Kingdom Water Park and world-class golf courses further diversifies the revenue base. This is a turnkey asset with a strong brand, a proven guest record, and a market position that is exceptionally difficult to replicate.

Location Description

Canton serves as the county seat of Van Zandt County and the retail hub for a regional population of over 55,000. Situated in the I-20 corridor just one hour east of Dallas, the city enjoys exceptional connectivity via Interstate 20, U.S. Highway 80, State Highway 19, and State Highway 64 — placing it within easy reach of major Texas markets. Fort Worth is 1.5 hours west, Shreveport 2 hours east, and Houston roughly 3 hours south. Canton is home to Trinity Mother Frances Health System's Canton clinic and a growing mix of light industrial, retail, and service-sector employers. While no four-year university sits within city limits, the broader East Texas region is served by several colleges within an hour's drive. Known as the "Gateway to East Texas," Canton draws visitors year-round to First Monday Trade Days, Splash Kingdom Water Park, Purtis Creek State Park, and the scenic lakes and waterways that define the East Texas landscape.

The Best Western Canton Inn is conveniently located in the heart of Canton, Texas, offering easy access to both business and leisure travelers. Situated just off Highway 19, the hotel is minutes away from the famous First Monday Trade Days, making it an ideal choice for those visiting the area for this popular event. The inn is also close to local businesses and downtown Canton. Hotel guests will appreciate the nearby dining and shopping options, including four restaurants within walking distance of the hotel.

Area attractions like Splash Kingdom Water Park, and world-class golf courses are within miles of the Hotel. Natural beauty surrounds Canton, with Lake Canton, local parks, and hiking trails just a short drive away. Dallas/Fort Worth International Airport (DFW) is about an hour and a half drive away, while Tyler Pounds Regional Airport (TYR) is approximately 45 minutes, offering additional travel options. With its prime location, modern amenities, and proximity to both business centers and recreational spots, Best Western Canton Inn is a great base for any trip to the area.

Investment highlights

Renovated in 2024

Offered at a current Cap Rate of 9.5%

Offered at a current cash on cash return 12.65%

77 rooms arranged over 2 floors

Price includes 100 Storage Units and RV Parking Park

Newly added splash pad area at seasonal outdoor pool

Canton First Monday Trade – 1 mile

Splash Kingdom Water Park – 1 mile

Van Zandt Country Club – 1 mile

Twin Lakes Golf Course – 8 miles

Garden Valley Golf Course – 15 miles

Lake Fork – 28 miles

Lake Tawakoni State Park – 30 miles

Canton Airport - .6 miles

Dallas Love Field - 60 miles

DFW Int’l Airport – 75 miles

Listing Contacts

ST
TX 0546558
Tabani Realty
Listed by Tabani Realty

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