Remodeled Motel and Management
9401 SPID Corpus Christi, TX 78418
9401 SPID, Corpus Christi, TX, 78418
$1,600,000
For Sale
$1,600,000
Turnkey motel with 44 rooms and recently remodeled management living quarters, offering flexible ownership options.
Days on Market51
Property Features for 9401 SPID
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Listing agency
Cravey Real Estate Services Inc
(361) 739-0808
Listed by
Adam Stern · License #TX #695443
(361) 739-0808
Source
Craveyrealestate
Added: Jun 2 Updated: Jul 10 at 1:47PM Checked: Jul 21 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cravey Real Estate Services Inc
Investment Insights
Based on property information with market context.
The Padre Motel and related business are offered for sale in whole or in part, with the seller open to multiple deal structures. The property includes 44 rooms, with 20 rooms recently remodeled within the past two years. In addition, the management living quarters have been recently remodeled and include a kitchen along with four bedrooms and two bathrooms.
The seller is willing to sell the entire business and property together, while also considering alternatives for how the available land may be handled, including subdivision or leasing. This flexibility can be useful for buyers evaluating an operation-first purchase or a longer-term plan that may include phased redevelopment.
For hospitality buyers and operators, the room mix and recent updates support an opportunity to manage both existing business activity and ongoing guest experience improvements. The remodeled management unit provides on-site functionality for day-to-day oversight. Depending on a buyer’s strategy, the property may also fit investors interested in acquiring a motel asset with the option to retain land flexibility through subdivision or land leasing.
The seller is willing to sell the entire business and property together, while also considering alternatives for how the available land may be handled, including subdivision or leasing. This flexibility can be useful for buyers evaluating an operation-first purchase or a longer-term plan that may include phased redevelopment.
For hospitality buyers and operators, the room mix and recent updates support an opportunity to manage both existing business activity and ongoing guest experience improvements. The remodeled management unit provides on-site functionality for day-to-day oversight. Depending on a buyer’s strategy, the property may also fit investors interested in acquiring a motel asset with the option to retain land flexibility through subdivision or land leasing.
Key Highlights
- 44‑room motel offered for sale, including the Padre Motel business.
- 20 rooms were recently remodeled within the past 2 years.
- Management living quarters were recently remodeled and include a kitchen, 4 bedrooms, and 2 bathrooms.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Motels
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Similar Off Market Nearby
- Kidz Ultimate Party Zone — 10241 S Padre Island Dr #139, Corpus Christi, TX 78418
FAQs
What type of property is this?
Motel - Turnkey motel with 44 rooms and recently remodeled management living quarters, offering flexible ownership options.
Where is this motel located?
The property is located at 9401 SPID Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 44‑room motel offered for sale, including the Padre Motel business.; 20 rooms were recently remodeled within the past 2 years.; Management living quarters were recently remodeled and include a kitchen, 4 bedrooms, and 2 bathrooms.
