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Hotel For Sale • 21,500 SF
| Unbeatable opportunity offers a boutique hotel and popular beachfront restaurant and bar, meeting space, and a gift shop. |
| Priced to sell with an 11.6% cap rate, and very minimal efforts into hotel operations would increase an owner's net income. |
| Room occupancy has a 45% upside potential, and long term resort management and staff and furniture in place allows for significant returns. |
| No other resort of this nature available on the beach, just a 250' walk to the water. |
| 30-person meeting facility offers a great site amenity, and with very little event marketing and targeted advertising could help increase net profits. |
| Multiple attractions in the area include the Sea Turtle Rescue Center, dolphin-watching along the beach, and numerous eco-tourism facilities. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Brownsville/South Padre Island International | 38 min | - | 25.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 52 |
| Type: | Surface |
| Included in Rent: | Yes |
