1411 HwyLaguna Heights, TX 78578

For Sale
$2,700,000
60-Unit Hotel Near South Padre Island

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 60-unit hotel, located at 1411 HWY 100 in Laguna Heights, Texas, presents a compelling investment opportunity. Built in 1986, this established property boasts a prime location near the popular South Padre Island tourist destination, ensuring consistent occupancy. The asking price is $2,700,000. The hotel features a mix of room configurations to cater to a diverse clientele. Twenty-one units include kitchenettes, providing added convenience for extended-stay guests. The remaining units are equipped with either two queen beds or one king-size bed, offering flexibility for various travel needs. All rooms benefit from updated furniture and modern amenities. A well-maintained, functional swimming pool adds to the property's appeal and enhances the guest experience. This turnkey operation in Cameron County, Texas (zip code 78578), offers immediate income potential and significant upside for a savvy investor. The property's strong location and established reputation make it an attractive proposition for both seasoned hospitality investors and those seeking to enter the market. Detailed financial information is available upon request. This is a rare opportunity to acquire a profitable hotel in a high-demand tourist area.

Highlights

  • $2,700,000 asking price.
  • Hospitality property, Hotel subtype.
  • Built in 1986.
  • Located at 1411 HWY 100, Laguna Heights, TX 78578.
  • 60-unit motel near South Padre Island.
  • Features 21 kitchenettes and rooms with 2 queen beds or 1 king bed.

Property Details for 1411 Hwy

Property type
Hospitality properties, Hotels
Year Built
1986

Location Insight

City
Laguna Heights
County
CAMERON
State
Texas
Latitude
26.0823155
Longitude
-97.2617456
1411 Hwy, Laguna Heights, Texas

FAQs

What type of property is this?
Hospitality property - 60-Unit Hotel Near South Padre Island
Where is the hospitality property located?
The property is located at 1411 Hwy Laguna Heights, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: $2,700,000 asking price.; Hospitality property, Hotel subtype.; Built in 1986.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1411 Hwy
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