For Sale
$2,800,000

2301 Us Hwy 83 Hwy Donna, TX 78537

48-Room Hotel, Redevelopment Ready

Overview

Added:
Dec 11, 2024
Days on market:
133
Exceptional redevelopment opportunity in Donna, Texas. This 48-room, limited-service hotel, built in 2001, sits on a 1.755-acre lot and boasts approximately 31,299 square feet of gross building area (per Hidalgo County Appraisal District). Currently not operational, the property has been prepped for redevelopment and presents a blank canvas for a savvy investor. The interior corridor design includes a lobby, office space, and an on-site laundry room. A significant feature is the inclusion of approximately 5,000 square feet of space ideally suited for conversion into an event center, catering to the high demand for venues for quinceañeras, weddings, and family gatherings. This addition would create a synergistic opportunity, leveraging the hotel's proximity for event attendees' lodging needs. The hotel enjoys a prime location on the frontage road of Highway 83, within a thriving retail market. Major retailers such as Walmart, Ross, and Burlington are situated directly across the expressway, ensuring high visibility and convenient access for guests and event attendees. The asking price for this unique property is $2,800,000. This presents a compelling investment opportunity in a dynamic and growing market.

Property Details for 2301 Us Hwy 83 Hwy

Property type
Hospitality properties, Hotels
Year Built
2001
Lot Size (sq. ft)
76,448 SF

Location Insight

City
Donna
County
Hidalgo
State
Texas
Latitude
26.1836702
Longitude
-98.0677419

FAQs

What type of property is this?
Hospitality property - 48-Room Hotel, Redevelopment Ready
Where is the hospitality property located?
The property is located at 2301 Us Hwy 83 Hwy Donna, TX.
What is the asking price?
The asking price for this property is $2,800,000.
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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2301 Us Hwy 83 Hwy
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