1207 W Main St - Hospitality FOR SALE


Port Lavaca, TX 77979
$1,200,000 USD
832-810-6000
1207 W Main St, Port Lavaca, TX for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/29
null | 6.78% Cap Rate

1207 W Main St
Port Lavaca, TX 77979


OVERVIEW

Sands Motel represents a classic "value-add" or steady-income play in a coastal sub-market that benefits from both industrial workforce housing and recreational tourisPerfect for an owner-operator or a developer looking to modernize and rebrand for higher nightly rates 'Seize a prime hospitality opportunity at 1207 W Main St, located in the heart of Port Lavaca. The Sands Motel offers an investor the perfect blend of consistent occupancy and untapped upside. Positioned on a high-visibility corridor, this property caters to the area's robust industrial workforce and the weekend travelers drawn to the Texas coast.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$97 USD /SF

# OF ROOMS

27

PRICE/ROOM

$44,444 {currency}

CAP RATE

6.78%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sands Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

(F1)

APN/PARCEL ID

20126

ASK ABOUT THIS PROPERTY

Bob JiangStarhub RealtyMore Info
832-810-6000

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Bob JiangStarhub RealtyMore Info
832-810-6000

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