For Sale
$5,750,000

2010 Lomas Del Sur Blvd Laredo, TX 78046

83-Key Hotel, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This fee-simple Econo Lodge hotel in Laredo, Texas presents a compelling value-add investment opportunity. The property boasts 83 keys spread across three floors of a single, three-story building on a 1.56-acre lot, zoned B-3. Built in 2007 and renovated in 2022, the hotel offers a 100% smoke-free environment. The property's strong financial performance is reflected in a current NOI of $173,318 and a 9% cap rate, with an asking price of $5,750,000 ($69,277 per key). Its strategic location, 4.6 miles from Laredo International Airport and minutes from the Outlet Shoppes at Laredo, Texas A&M International University, and the Mexican border, ensures consistent occupancy. Furthermore, its proximity to cultural attractions like the Laredo Center for the Arts and Laredo Arena, coupled with its location near the Port of Laredo, a major national trade hub, significantly enhances its investment appeal. This turnkey operation provides immediate income generation and significant upside potential for a savvy investor. The property is offered for sale by owner.

Highlights

  • 83-room, three-story hotel.
  • 100% smoke-free environment.
  • 4.6 miles from Laredo International Airport.
  • Minutes from Outlet Shoppes at Laredo.
  • Near Texas A&M International University.
  • Short drive to the Mexican border.

Property Details for 2010 Lomas Del Sur Blvd

Property type
Hospitality properties, Motels
Year Built/Renovated
2007/2022
Buildings
1
Stories
3
Lot Size (sq. ft)
67,954 SF

Location Insight

City
Laredo
County
Webb
State
Texas
Latitude
27.4639416
Longitude
-99.4755596

FAQs

What type of property is this?
Hospitality property - 83-Key Hotel, High ROI Potential
Where is the hospitality property located?
The property is located at 2010 Lomas Del Sur Blvd Laredo, TX.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 83-room, three-story hotel.; 100% smoke-free environment.; 4.6 miles from Laredo International Airport.
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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2010 Lomas Del Sur Blvd
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