2000 Veterans Blvd - Hospitality FOR SALE


Del Rio, TX 78840
$2,169,000 USD
714-349-6649
2000 Veterans Blvd, Del Rio, TX for Sale
$2,169,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

2000 Veterans Blvd
Del Rio, TX 78840


OVERVIEW

Introducing the Econo Lodge Del Rio located at 2000 Veterans Blvd, Del Rio TX 78840. This prime investment opportunity boasts 58 rooms within a spacious 73,592 SF building, situated on 2.40 acres of land. Originally constructed in 1987 and recently renovated in 2023, this property offers a solid foundation for a lucrative venture. With a flourishing 1-mile demographic and excellent potential for growth within 3 to 5 miles, the Econo Lodge Del Rio presents an enticing investment with a listing price of $2,189,000. Priced at $37,741 per key and $29.75 per square foot, this property is a promising prospect for investors seeking steady income and future appreciation. Don't miss out on this opportunity to acquire a well-maintained and strategically located hospitality asset. Contact us today to learn more about the Econo Lodge Del Rio and secure your place in this dynamic market.

FOR SALE DETAILS

PRICE

$2,169,000 USD

PRICE/SF

$29 USD /SF

# OF ROOMS

58

PRICE/ROOM

$37,397 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Del Rio

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

71

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

Commercial

APN/PARCEL ID

21349

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-349-6649

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-349-6649

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