143 Us-83 Zapata, TX 78076
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 143 Us-83
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
The Falcon Executive Inn, a 24-key hotel located at 143 US-83 in Zapata, Texas (zip code 78076), is offered at $1,100,000. This fee-simple ownership opportunity presents a compelling investment for owner-operators. The property boasts a full lobby, a refreshing hotel pool, and a manager's apartment, all recently updated. The hotel enjoys stable income and a consistent clientele, currently generating gross revenue resulting in an asking price of 3.5x the current gross revenue. A hands-on operator is expected to further increase revenue streams. The property is characterized by low maintenance requirements, making it an attractive and efficient investment. This is a turnkey operation ready for a new owner to step in and manage. The property's location in Zapata County, Texas, provides a solid foundation for continued success. The hotel's recent updates ensure a modern and comfortable experience for guests, contributing to its strong performance and potential for growth. This is a rare opportunity to acquire a well-maintained, income-producing hotel in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Zapata
- County
- Zapata
- State
- Texas
- Longitude
- -99.2618
- Latitude
- 26.8909
