3201 10Th StMcAllen, TX 78503

For Sale
$3,000,000
Prime McAllen hotel, 60 rooms, high growth area.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a 60-room limited-service hotel situated on a 1.335-acre lot (58,152 square feet) in McAllen, Texas. Built in 1998, the property boasts approximately 20,352 square feet of gross building area, per the Hidalgo County Appraisal District. The hotel features an exterior corridor design, including a lobby/office space, a swimming pool, and an on-site laundry room. Its strategic location offers significant upside potential. The hotel is adjacent to the developing 12-acre Quinta Mazatlán urban ecology center, projected to generate $284 million in economic impact. This prime location is also less than half a mile south of La Plaza Mall and just over a mile south of the intersection of 10th Street and Highway 83, a thriving retail hub in the Rio Grande Valley. Furthermore, its proximity to McAllen International Airport enhances its appeal to both business and leisure travelers. This property represents a compelling investment opportunity in a rapidly growing market, offering strong potential for return on investment. The asking price for this exceptional property is $3,000,000.

Highlights

  • $3,000,000 asking price.
  • 1.335-acre lot in McAllen, Texas.
  • 60-room limited-service hotel.
  • 20,352 square foot building (approx.).
  • 1998 construction.

Property Details for 3201 10Th St

Property type
Land, Hospitality properties
Year Built
1998
Lot Size (sq. ft)
58,153 SF

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.1737334
Longitude
-98.2319364
3201 10Th St, McAllen, Texas

FAQs

What type of property is this?
Land - Prime McAllen hotel, 60 rooms, high growth area.
Where is the land located?
The property is located at 3201 10Th St McAllen, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: $3,000,000 asking price.; 1.335-acre lot in McAllen, Texas.; 60-room limited-service hotel.
How can I contact the broker?
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3201 10Th St
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