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Property profile & analytics
OFF-MARKET
Hospitality properties

1411 Hwy Laguna Heights, TX 78578

Built 1986
Property ID
Property summary
AI-generated overview

This exceptional 60-unit hotel, located at 1411 HWY 100 in Laguna Heights, Texas, presents a compelling investment opportunity. Built in 1986, this established property boasts a prime location near the popular South Padre Island tourist destination, ensuring consistent occupancy. The asking price is $2,700,000. The hotel features a mix of room configurations to cater to a diverse clientele. Twenty-one units include kitchenettes, providing added convenience for extended-stay guests. The remaining units are equipped with either two queen beds or one king-size bed, offering flexibility for various travel needs. All rooms benefit from updated furniture and modern amenities. A well-maintained, functional swimming pool adds to the property's appeal and enhances the guest experience. This turnkey operation in Cameron County, Texas (zip code 78578), offers immediate income potential and significant upside for a savvy investor. The property's strong location and established reputation make it an attractive proposition for both seasoned hospitality investors and those seeking to enter the market. Detailed financial information is available upon request. This is a rare opportunity to acquire a profitable hotel in a high-demand tourist area.

Property profile
Verified
Property type Hospitality properties
Year built 1986
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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