1301 S 9th St - Hospitality FOR SALE


McAllen, TX 78501- Downtown McAllen
$2,500,000 USD
828-421-6683
1301 S 9th St, McAllen, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

1301 S 9th St
McAllen, TX 78501
Downtown McAllen


HIGHLIGHTS

  • 53 rooms, two-story, exterior corridor
  • Ideal for owner operator with a 2-bedroom manager’s apartment onsite
  • 3-year average room revenue: $773,323
  • Key demand generators: McAllen International Airport, three international bridges, and the Downtown district
  • Flexible Rebranding Options available including Econolodge and Park Inn by Radisson

OVERVIEW

NewGen Advisory is pleased to present for sale the OYO Hotel (McAllen Airport South) in McAllen, TX. This two-story, exterior corridor property offers convenience for airport travelers and provides WiFi and an outdoor pool. RevPAR in the McAllen market for economy hotels is $37.77, leaving upside for a new owner. The OYO Hotel (McAllen Airport South) property is perfect for an owner operator; the current owners have complete control over the management, operations, and strategic decisions, allowing for quick adaptations to market changes and guest needs. The twelve-month RevPAR, as reported on CoStar, for the area was recently climbing at an exceptionally strong rate. As of April 2025, the twelve-month average RevPAR in McAllen hotel submarket was up 2.1%, in line with the similarly impressive market-wide average.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$107 USD /SF

# OF ROOMS

55

PRICE/ROOM

$45,455 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OYO Hotel McAllen Airport South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C3

APN/PARCEL ID

G2600-00-000-004A-05

ASK ABOUT THIS PROPERTY

Twinkle PatelNewGen AdvisoryMore Info
828-421-6683

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Twinkle PatelNewGen AdvisoryMore Info
828-421-6683

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