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OFF-MARKET
Hospitality properties

143 Us-83 Zapata, TX 78076

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hospitality properties
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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