3616 Veterans Blvd Del Rio, TX 78840-2824
- Commercial real estate
- 79,382 SF
- 1.61 lot acres
Dec 13, 2023
Current Use by Public Records
- Baymont by Wyndham Del Rio / Hotel / Inn
- Quality Inn & Suites Del Rio / Hotel
Property Details for 3616 Veterans Blvd
- Year built
- 1996
- Lot size
- 1.61 lot acres
- Property size
- 79,382 SF
- Property type
- Commercial real estate
- APN
- 40158
- APU
- 40158
Description
This 60-key Baymont by Wyndham hotel in Del Rio, Texas, is offered at $2,950,000 ($49,166/key). Built in 1996, this two-story, fee-simple property sits on 1.61 acres at 3616 Veterans Blvd, zip code 78840. Recent renovations include a complete lobby and back-of-house redesign, upgraded furniture, interior paint, carpeting, flooring, and light fixtures, as well as roof and parking lot improvements. The hotel features an outdoor pool, free breakfast, and ample parking. Del Rio's economy is experiencing robust growth due to its location on the US-Mexico border, the "Port-to-Plains" corridor expansion, a thriving manufacturing sector in nearby Ciudad Acuña, and the presence of Laughlin Air Force Base. The hotel benefits from consistent demand driven by business travel, tourism (including Lake Amistad), and law enforcement presence. The property was offline for several months in 2024 due to renovations, which may be reflected in operational data. Absentee ownership presents significant operational upside potential for a qualified investor. The hotel's strategic location and recent upgrades position it for increased revenue and return on investment. The property's strong location in a growing market, coupled with the recent renovations, makes this a compelling investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Del Rio
- County
- Val Verde
- State
- Texas
- Longitude
- -100.905
- Latitude
- 29.4065
- CBSA code
- 19620
- CBSA name
- DEL RIO, TX MICROPOLITAN STATISTICAL AREA
