For Sale
$4,500,000

901 Padre Blvd South Padre Island, TX 78597

50-Room Hotel, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 50-room bayfront hotel presents a lucrative investment opportunity in the thriving South Padre Island, Texas market. Built in 2000, the property boasts a prime location offering convenient access to the beach and numerous retail establishments within walking distance. The hotel's strategic placement within a high-traffic area ensures consistent occupancy and strong revenue generation. South Padre Island's 34-mile coastline, coupled with its diverse attractions, including world-class water sports, an entertainment district, and a variety of restaurants, creates a robust tourism market. This drive-to-beach destination attracts a large number of visitors annually, making this hotel a highly desirable asset. The asking price for this turnkey operation is $4,500,000. The hotel's proximity to the beach and local amenities, combined with the area's strong tourism appeal, positions it for continued success and significant return on investment. This is a rare chance to acquire a well-established hotel in a highly sought-after location. The property is situated at 901 Padre Blvd., South Padre Island, TX 78597, in Cameron County.

Highlights

  • 50-room bayfront hotel in South Padre Island, TX.
  • Prime location near beach and retail, ensuring high occupancy.
  • Turnkey operation asking $4,500,000.
  • Built in 2000, located at 901 Padre Blvd., South Padre Island, TX 78597 (Cameron County).

Property Details for 901 Padre Blvd

Property type
Hospitality properties, Hotels
Year Built
2000

Location Insight

City
South Padre Island
County
CAMERON
State
Texas
Latitude
26.0908165
Longitude
-97.1656211
901 Padre Blvd, South Padre Island, Texas

FAQs

What type of property is this?
Hospitality property - 50-Room Hotel, Prime Location, High ROI
Where is the hospitality property located?
The property is located at 901 Padre Blvd South Padre Island, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 50-room bayfront hotel in South Padre Island, TX.; Prime location near beach and retail, ensuring high occupancy.; Turnkey operation asking $4,500,000.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
901 Padre Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message