3616 Veterans BlvdDel Rio, TX 78840

Property Details for 3616 Veterans Blvd

Year built

1996

Lot size

1.61 AC

Property size (Sq ft)

79,382 SF

Property type

Other commercial real estate

APN

40158

APU

40158

Description

This 60-key Baymont by Wyndham hotel in Del Rio, Texas, is offered at $2,950,000 ($49,166/key). Built in 1996, this two-story, fee-simple property sits on 1.61 acres at 3616 Veterans Blvd, zip code 78840. Recent renovations include a complete lobby and back-of-house redesign, upgraded furniture, interior paint, carpeting, flooring, and light fixtures, as well as roof and parking lot improvements. The hotel features an outdoor pool, free breakfast, and ample parking. Del Rio's economy is experiencing robust growth due to its location on the US-Mexico border, the "Port-to-Plains" corridor expansion, a thriving manufacturing sector in nearby Ciudad Acuña, and the presence of Laughlin Air Force Base. The hotel benefits from consistent demand driven by business travel, tourism (including Lake Amistad), and law enforcement presence. The property was offline for several months in 2024 due to renovations, which may be reflected in operational data. Absentee ownership presents significant operational upside potential for a qualified investor. The hotel's strategic location and recent upgrades position it for increased revenue and return on investment. The property's strong location in a growing market, coupled with the recent renovations, makes this a compelling investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $16,889,330

  Hospitality

  $15,470,535

  Educational

  $12,871,304

  Medical

  $13,313,967

  Retail

  $20,022,028

Location Insight

City

Del Rio

County

Val Verde

State

Texas

Latitude

29.4065

Longitude

-100.905

CBSA code

19620

CBSA name

DEL RIO, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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