1500 Tx-359 Mathis, TX 78368
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 1500 Tx-359
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mathis
- County
- San Patricio
- State
- Texas
- Longitude
- -97.8203
- Latitude
- 28.1066