Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 314 Cut-Off Rd
- Year built
- 1966
- Lot size
- 1.94 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Aransas
- County
- Nueces
- State
- Texas
- Longitude
- -97.0708
- Latitude
- 27.8343
