Best Western Canton Inn

Highlights

• Renovated in 2024
• Offered at a current Cap Rate of 9.72%
• Offered at a current cash on cash return 13.43%
• 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

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. 

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.

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