110 S Main - Hospitality FOR SALE


Dilley, TX 78017
$1,000,000 USD
915-256-5217
110 S Main, Dilley, TX for Sale
$1,000,000 USD
Hospitality - FOR SALE
1/59
null | 14.4% Cap Rate

110 S Main
Dilley, TX 78017


HIGHLIGHTS

  • Fully Renovated Asset
  • Dual-Use Income Model
  • Proven Performance
  • Strong Market Fundamentals
  • Stabilized Turnkey Opportunity

OVERVIEW

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Hotel Dilley Grand, a fully renovated 20-unit property operating as both an apartment community and extended-stay hotel, located at 110 South Main Street in Dilley, Texas. The property consistently achieves strong rental performance, with average apartment rents exceeding $950 per month and extended-stay operations generating over $1,200 per occupied unit monthly. Additionally, the property’s 4.8-star Google rating underscores its strong local reputation and established customer base. With the hard work of asset repositioning complete, Hotel Dilley Grand represents a stabilized, income-producing investment that is turnkey for the next owner. Located in a resilient South Texas market, the asset benefits from multiple long-term demand drivers, including the Eagle Ford Shale oil field, the nation’s largest migrant center, a major detention facility, and regional agricultural industries such as watermelon farming. Seasonal hunting activity and the blue-collar industries that underpin the local economy further contribute to consistent housing and lodging demand. These sectors provide a steady base of residents and extended-stay guests seeking quality accommodations at accessible price points. The property has been renovated comprehensively, featuring new flooring and baseboards throughout, fresh interior and exterior paint, upgraded wireless network infrastructure, a modern security camera system, and a series of capital improvements across both common areas and guest units. Ownership has also enhanced the property’s digital presence through a professional website, promotional videos, and an active social media following—further supporting occupancy and guest engagement. Hotel Dilley Grand presents a compelling opportunity for an investor seeking reliable cash flow in a market with durable demand drivers and continued growth potential. With stabilized performance, minimal near-term capital needs, and strong operational fundamentals, the asset offers immediate income generation and future upside through expanded extended-stay operations, corporate housing agreements, and targeted marketing initiatives. The seller, satisfied with the property’s performance, is now offering this stabilized investment to allow the next owner to build upon its established success.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$90 USD /SF

# OF ROOMS

20

PRICE/ROOM

$50,000 {currency}

CAP RATE

14.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Dilley Grand

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,788 SF

ZONING

Hotel

APN/PARCEL ID

00010-00018-00200-000000

ASK ABOUT THIS PROPERTY

Alex CurryMarcus & MillichapMore Info
915-256-5217

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Alex CurryMarcus & MillichapMore Info
915-256-5217

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.