1411 HwyLaguna Heights, TX 78578

Property Details for 1411 Hwy

Year built

1986

Property type

Hospitality properties

Property subtype

Hotels

Description

This exceptional 60-unit hotel, located at 1411 HWY 100 in Laguna Heights, Texas, presents a compelling investment opportunity. Built in 1986, this established property boasts a prime location near the popular South Padre Island tourist destination, ensuring consistent occupancy. The asking price is $2,700,000. The hotel features a mix of room configurations to cater to a diverse clientele. Twenty-one units include kitchenettes, providing added convenience for extended-stay guests. The remaining units are equipped with either two queen beds or one king-size bed, offering flexibility for various travel needs. All rooms benefit from updated furniture and modern amenities. A well-maintained, functional swimming pool adds to the property's appeal and enhances the guest experience. This turnkey operation in Cameron County, Texas (zip code 78578), offers immediate income potential and significant upside for a savvy investor. The property's strong location and established reputation make it an attractive proposition for both seasoned hospitality investors and those seeking to enter the market. Detailed financial information is available upon request. This is a rare opportunity to acquire a profitable hotel in a high-demand tourist area.

Location Insight

City

Laguna Heights

County

CAMERON

State

Texas

Latitude

26.0823

Longitude

-97.2617

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