Property summary
This two-story, 35-key motel in Robstown, Texas, presents a compelling investment opportunity. Situated on a 54,881 square foot lot at 2225 N US Highway 77, this property boasts excellent visibility and accessibility due to its location on a major roadway connecting Corpus Christi and Victoria. Built in 1990, the single-building motel offers a strong net operating income (NOI) of $36,000. Its proximity to Texas A&M University-Corpus Christi and Naval Air Station Corpus Christi ensures a consistent flow of potential guests, capitalizing on the demand for lodging in the area. The property's substantial lot size allows for potential expansion or the addition of amenities to further enhance its profitability. This established motel provides a solid foundation for investors seeking a stable return in the hospitality sector. The property's existing infrastructure and strong location make it an attractive option for both seasoned investors and those new to the market. The substantial lot size offers potential for future development and expansion, allowing for increased revenue streams and a greater return on investment. This is a turnkey operation ready for immediate income generation. Financial records are available upon request. This is a rare opportunity to acquire a well-established motel in a high-demand location.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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