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    2901 46Th St Mission, TX 78574

    For Sale
    $350,000

    Profitable 15-unit motel, 21,867 sq ft lot

    Property size:
    6,776 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 15-unit motel situated on a substantial 21,867.12 square foot lot at 2901 W 46th Street, Mission, Texas, 78574. Built in 2019, the property boasts a total of 6,776 square feet of space, offering immediate income generation with all 15 units ready for rental. The motel's prime location provides excellent potential for continued cash flow. An adjacent plaza is also available for purchase, presenting an opportunity to expand the investment portfolio and significantly increase monthly income. Each property encompasses approximately half an acre, totaling one acre when purchased together. The seller is open to selling the motel and plaza individually or as a combined package. This presents a unique opportunity for investors seeking a turnkey operation or a blank canvas for a new commercial development. The property's strong performance history and strategic location in Hidalgo County, Texas, make it an attractive proposition for those seeking a high-return investment. This is a rare chance to acquire a well-established, income-producing asset with significant upside potential. Don't miss this chance to secure a profitable addition to your investment portfolio. Act quickly!

    Property Features for 2901 46Th St

    General Information

    Property type
    Hotels
    Square Feet
    6,776 SF

    Building Details

    Year Built
    2019

    HighLights

    • Asking Price: $350,000
    • Property Type: Land and Hospitality (Hotel); 6,776 sq ft building on a 21,867 sq ft lot, built in 2019
    • 15‑unit income‑generating motel in Mission, TX
    • Adjacent plaza also available for purchase, totaling approximately 1 acre
    • Seller open to selling motel and plaza separately or together.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Angie's Motel Motel

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3587525
    Latitude
    26.2548569

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    FAQs

    What type of property is this?
    Hotel - Profitable 15-unit motel, 21,867 sq ft lot
    Where is this hotel located?
    The property is located at 2901 46Th St Mission, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Asking Price: $350,000; Property Type: Land and Hospitality (Hotel); 6,776 sq ft building on a 21,867 sq ft lot, built in 2019; 15-unit income-generating motel in Mission, TX
    Request Owner's contact information
    2901 46Th St Mission, TX 78574
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    Mission, TX 78574
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2901 46Th St Mission, TX 78574
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