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1500 Tx-359 Mathis, TX 78368

For Sale
$1,799,900

55-Key Motel, Prime Investment Opportunity

Description

Added:
Dec 11, 2024
Days on Market:
369
Exceptional investment opportunity awaits with the Lakeside Inn & Suites in Mathis, Texas. This well-established 55-key motel, situated on a spacious 3.48-acre lot, presents a compelling proposition for discerning investors. Built in 1994, the property boasts 53 comfortable guest rooms, catering to both business and leisure travelers. Its convenient location at 1500 TX-359 in Mathis, San Patricio County, Texas, 78368 (28.1066334, -97.8202855) offers easy access to local amenities and attractions. The asking price for this turnkey operation is $1,799,900. This represents a significant opportunity to acquire a proven hospitality asset in a growing market. The motel's established presence and comfortable accommodations provide a solid foundation for continued success and potential for future growth. The substantial land area also offers potential for expansion or further development, adding to the overall investment appeal. This is a rare chance to own a well-maintained motel with a strong track record in a desirable location. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial information and operational data are available upon request. Don't miss this chance to acquire a thriving hospitality business in Texas.

Property Features for 1500 Tx-359

General Information

Property type
Motels

HighLights

  • $1,799,900 asking price.
  • Hospitality property, Motel subtype.
  • 55 keys.
  • Located in Mathis, TX at 1500 TX‑359, San Patricio County, zip code 78368.
  • 53 comfortable rooms on a 3.48‑acre lot.
  • Built in 1994.
Property Profile Location Intelligence

Current Use by Public Records

Motels

Map

City
Mathis
County
San Patricio
State
Texas
Longitude
-97.8202855
Latitude
28.1066334

FAQs

What type of property is this?
Motel - 55-Key Motel, Prime Investment Opportunity
Where is this motel located?
The property is located at 1500 Tx-359 Mathis, TX.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: $1,799,900 asking price.; Hospitality property, Motel subtype.; 55 keys.
More about this property
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