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2965 E Main St
Alice, TX 78332

Price Upon Request

Hotel For Sale  •  46,682 SF

Property Details

  • Property Type Hotel
  • Total Building Size 46,682 SF
  • Lot Size 2.13 AC
  • Building Class B
  • Year Built 2004
  • Zoning H
0 Transit Score
39 Walk Score

Highlights

Offered at $60,000 / key
Well Maintained
3 story, Interior Corridor
30 minutes to Corpus Christi, 2 hours to San Antonio
2.4x 2019 Room Revenue Multiplier
13.6% Cap Rate assuming PIP of $1M

Major Tenants

Tenant SF Occupied Lease End Date
Holiday Inn Express-Alice
Varkins TX Inc

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes