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Property profile & analytics
OFF-MARKET
Motels

2901 46th St Mission, TX 78574-5792

765 SF 0.5 ac lot Built 2019
Individually Owned 18-yr Hold
Property ID
US82-3165952
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 2019
Total area 765 SF
Lot 0.5 ac (21,867 SF)
Zoning code RS
APN Q2800-00-000-0029-00
UPID US82-3165952
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
Current use
Occupant on record · Public records
  • Angie's Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jose Luis Beas · 18 yrs held
Jose Luis Beas
since 2007
4 recorded transactions
2007
Price N/A
2006
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
RS · Mission, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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