2901 46Th StMission, TX 78574

For Sale
$350,000
15-Unit Motel & Adjacent Plaza - High ROI

Overview

Added:
Feb 3
Days on market:
72
This exceptional investment opportunity in Mission, Texas, presents a 15-unit motel with significant income potential. The motel, located at 2901 W 46th Street, boasts a total of 6,776 square feet situated on a half-acre lot. Each of the 15 individual units is currently generating rental income, providing immediate cash flow for the new owner. An adjacent commercial plaza, also available for purchase, offers the potential to significantly increase monthly income. The plaza sits on an additional half-acre lot, bringing the total land area to one acre if both properties are acquired together. This presents a unique opportunity to expand your investment portfolio with a single purchase or to acquire each property separately, depending on your investment strategy. The existing motel units are ready for immediate rental, offering a stable income stream. Alternatively, the properties offer significant potential for redevelopment, allowing for the creation of a modern commercial plaza tailored to the needs of the local market. This versatile property is ideal for investors seeking a strong return on investment, whether through continued operation or strategic redevelopment. The seller is open to offers for either the motel alone, the plaza alone, or both properties together, providing flexibility for various investment strategies. Don't miss this chance to acquire a prime commercial property in a thriving Texas market.

Property Details for 2901 46Th St

Property type
Commercial real estate
Square Feet
6,776 SF
Year Built
2019
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.25487
Longitude
-98.35878
2901 46Th St, Mission, Texas

FAQs

What type of property is this?
Commercial real estate - 15-Unit Motel & Adjacent Plaza - High ROI
Where is the commercial real estate located?
The property is located at 2901 46Th St Mission, TX.
What is the asking price?
The asking price for this property is $350,000.
How can I contact the broker?
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2901 46Th St
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