501 10Th StMcAllen, TX 78501

This exceptional investment opportunity presents a profitable 75-key motel, the Siesta Inn, ideally situated in McAllen, Texas. Boasting a prime location on South 10th Street, this property is in the heart of McAllen's economic activity, close to downtown. The 28,400 square foot motel, built in 1980 and extensively renovated in 2022, sits on a 1.62-acre lot and comprises two buildings. The property's 75 keys offer significant income potential, with strong financial performance in 2022. Its central location provides easy access to numerous nearby amenities, including Santa Fe Steakhouse, Macy's, Dillard's, PNC Bank, Suerte Bar & Grill, Wings & Rings, Mori, Yard House, Armani Exchange, De Jarvis, Taco Palenque, and Pollo Palenque. This turnkey opportunity is perfect for investors seeking a well-established, recently updated hospitality asset in a thriving Texas market. The property's APN is S6050-00-000-0002-05. This is a ground lease-free property. All inquiries should be directed through the appropriate channels. Please refrain from visiting the property or contacting staff.