2901 46th St Mission, TX 78574-5792
This exceptional investment opportunity in Mission, Texas, presents a 15-unit motel with significant income potential. The motel, located at 2901 W 46th Street, boasts a total of 6,776 square feet situated on a half-acre lot. Each of the 15 individual units is currently generating rental income, providing immediate cash flow for the new owner. An adjacent commercial plaza, also available for purchase, offers the potential to significantly increase monthly income. The plaza sits on an additional half-acre lot, bringing the total land area to one acre if both properties are acquired together. This presents a unique opportunity to expand your investment portfolio with a single purchase or to acquire each property separately, depending on your investment strategy. The existing motel units are ready for immediate rental, offering a stable income stream. Alternatively, the properties offer significant potential for redevelopment, allowing for the creation of a modern commercial plaza tailored to the needs of the local market. This versatile property is ideal for investors seeking a strong return on investment, whether through continued operation or strategic redevelopment. The seller is open to offers for either the motel alone, the plaza alone, or both properties together, providing flexibility for various investment strategies. Don't miss this chance to acquire a prime commercial property in a thriving Texas market.
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Angie's Motel Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RS · Mission, TXMission. Always verify with local authorities before improvements.
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.