101 N US-77 - Hospitality FOR SALE


Kingsville, TX 78363
$1,800,000 USD
817-821-1536
101 N US-77, Kingsville, TX for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

101 N US-77
Kingsville, TX 78363


HIGHLIGHTS

  • 86 room, two-story, exterior corridor
  • Property is in good condition with updated Gemini Prototype FFE package
  • Only a handful of economy-segment properties in Kingsville proper—few options in the $50–$75 ADR range gives Motel 6 a clear value proposition
  • Multiple Demand Generators: Naval Air Station & Texas A&M University Campus
  • Owner/operator with hands on management can improve bottom-line significantly

OVERVIEW

NewGen Advisory and Bharat Vakil are exclusively offering the Motel 6 in Kingsville, Texas—a value-add opportunity for experienced hoteliers to invest in and actively manage this underperforming asset. This 86 room Motel 6 is in good condition with updated FFE with Gemini prototype. Motel 6 Kingsville Texas is located at Highway 77 (future I-69E) with advantage of direct frontage and visibility on the north–south corridor linking Corpus Christi to the Rio Grande Valley. The high traffic count close to the property correlates to strong drive-by ADR. Furthermore, the location at U.S. 181 & Loop 178 provides quick connections to Corpus Christi (35 miles east) and San Patricio County, enhancing appeal for regional travelers.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$77 USD /SF

# OF ROOMS

86

PRICE/ROOM

$20,930 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Kingsville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

93

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

F1

APN/PARCEL ID

22662

ASK ABOUT THIS PROPERTY

Bharat Vakil-PatelNewGen AdvisoryMore Info
817-821-1536

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Bharat Vakil-PatelNewGen AdvisoryMore Info
817-821-1536

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