2901 46Th StMission, TX 78574

Property Details for 2901 46Th St

Year built

2019

Lot size

0.50 AC

Property size (Sq ft)

765 SF

Zone code

RS

Property type

Motels

APN

Q2800-00-000-0029-00

APU

Q280000000002900

Description

This exceptional investment opportunity in Mission, Texas, presents a 15-unit motel with significant income potential. The motel, located at 2901 W 46th Street, boasts a total of 6,776 square feet situated on a half-acre lot. Each of the 15 individual units is currently generating rental income, providing immediate cash flow for the new owner. An adjacent commercial plaza, also available for purchase, offers the potential to significantly increase monthly income. The plaza sits on an additional half-acre lot, bringing the total land area to one acre if both properties are acquired together. This presents a unique opportunity to expand your investment portfolio with a single purchase or to acquire each property separately, depending on your investment strategy. The existing motel units are ready for immediate rental, offering a stable income stream. Alternatively, the properties offer significant potential for redevelopment, allowing for the creation of a modern commercial plaza tailored to the needs of the local market. This versatile property is ideal for investors seeking a strong return on investment, whether through continued operation or strategic redevelopment. The seller is open to offers for either the motel alone, the plaza alone, or both properties together, providing flexibility for various investment strategies. Don't miss this chance to acquire a prime commercial property in a thriving Texas market.

Location Insight

City

Mission

County

Hidalgo

State

Texas

Latitude

26.2548

Longitude

-98.3589

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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