2810 State Highway 361 - Hospitality FOR SALE
Ingleside, TX 78362 |
2810 State Highway 361
Ingleside, TX 78362
HIGHLIGHTS
- This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost at $66,667 per key.
- The hotel's revenue soared from $1,017,716 to $1,406,169 in 2023, marking a notable 38.1% increase in rooms revenue trend.
- The hotel, opened in 2017, maintains high standards. Minimal change-of-ownership PIP anticipated due to very good property condition.
- The hotel received recent awards from Choice Hotel Owners Council, Aransas Pass Chamber of Commerce, & Choice Hotels International.
- Strategic property near Cheniere's LNG, key oil/gas firms, and Port of Corpus Christi for major demand.
- Major revenue contributors: Del Mar College, Texas A&M, CHRISTUS Spohn, Corpus Christi Medical, and Naval Air Station Corpus Christi.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Sleep Inn & Suites Ingleside
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
34125
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2017
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
1031072
