1500 Tx-359, Mathis, TX 78368
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.