120 E Jupiter Ln - Hospitality FOR SALE


South Padre Island, TX 78597
$2,300,000 USD
956-755-9560
120 E Jupiter Ln, South Padre Island, TX for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

120 E Jupiter Ln
South Padre Island, TX 78597


HIGHLIGHTS

  • Suite: 2 rooms, Daily Rate: $105,00
  • Guest Rooms: 12 rooms, Daily Rate: $80.00
  • The recent renovation and new furnishings attract guests, while the mix of rooms offers flexible rental options.
  • Its beach and airport proximity is perfect for vacationers.

OVERVIEW

This recently remodeled hospitality property offers 14 rooms, including 12 guest rooms and 2 apartments, and is situated just a short distance from the beach. The property features a spacious layout with a pool and modern amenities, ideal for vacationers or long-term guests. The units have been upgraded with all-new furniture, and the building is in excellent condition following renovations completed in 2021. The property presents an attractive investment opportunity, with the potential for continued success in the hospitality sector.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$268 USD /SF

# OF ROOMS

14

PRICE/ROOM

$164,286 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Beach Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

E

APN/PARCEL ID

676436-0000-001000

ASK ABOUT THIS PROPERTY

Telma LopezColdwell Banker Commercial Rio Grande ValleyMore Info
956-755-9560

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Telma LopezColdwell Banker Commercial Rio Grande ValleyMore Info
956-755-9560

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