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    314 Cut-Off Rd Port Aransas, TX 78373

    For Sale
    $7,000,000

    Established Motel, High ROI Potential

    Property size:
    28,365 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 58-unit hotel in Port Aransas, Texas, presents a lucrative investment opportunity. Boasting 52 updated rooms with modern amenities, including kitchenettes in select units, and six charming cottages ideal for extended stays, this turnkey property offers diverse revenue streams. A leased retail space provides additional income, while a two-bedroom on-site condo offers flexibility for owner-operators. Recent upgrades include mechanical systems, windows, and a new roof, minimizing maintenance needs. The property also features a recently updated pool and hot tub, an on-site laundry facility, and ample space for a maintenance team. Situated on nearly two acres of land in a prime location along Cut-Off Road, this established motel benefits from a loyal customer base built over 20 years, with consistent bookings and minimal damage from Hurricane Harvey. The spacious lounge area offers potential for expansion into a café, wine tasting room, or other guest amenities. The property is zoned C-2, offering flexibility for future development. Built in 1966, this single-story building encompasses 28,365 square feet. The asking price is $7,000,000. This is a rare chance to acquire a well-established, high-performing hotel in a thriving coastal destination.

    Property Features for 314 Cut-Off Rd

    General Information

    Property type
    Hotels
    Square Feet
    28,365 SF
    Lot Size
    84,506 SF

    Building Details

    Year Built
    1966
    Stories
    1

    HighLights

    • 52 updated guest rooms with remodeled interiors, modern furnishings, and kitchenettes in select units.
    • Six standalone cottages ideal for extended stays or families.
    • On‑site retail space generating supplemental income.
    • Two‑bedroom on‑site condo suitable for owner occupancy or conversion to rental.
    • Recently updated mechanical systems, windows, and roof, minimizing maintenance needs.
    • Newly renovated pool and hot tub.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Aransas
    County
    Nueces
    State
    Texas
    Longitude
    -97.07082262691
    Latitude
    27.834341734702

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    FAQs

    What type of property is this?
    Hotel - Established Motel, High ROI Potential
    Where is this hotel located?
    The property is located at 314 Cut-Off Rd Port Aransas, TX.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: 52 updated guest rooms with remodeled interiors, modern furnishings, and kitchenettes in select units.; Six standalone cottages ideal for extended stays or families.; On-site retail space generating supplemental income.
    Request Owner's contact information
    314 Cut-Off Rd Port Aransas, TX 78373
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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
    314 Cut-Off Rd Port Aransas, TX 78373
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