312-576-2011
300 W Expressway 83, McAllen, TX for Sale
Hospitality - FOR SALE
1/9
null | Request Cap Rate

300 W Expressway 83
McAllen, TX 78501
Downtown McAllen


HIGHLIGHTS

  • Exceptional visibility and access along Interstate 2, with exposure to nearly 93,000 vehicles per day
  • Minutes from McAllen International Airport (MFE), which served over 1.2 million passengers in 2024—a 25% increase year-over-year
  • MFE is the busiest airport in the Rio Grande Valley, home to 1.37 million people.
  • Strategic location near key educational institutions, including the University of Texas Rio
  • McAllen was ranked the third safest city in the U.S. by SmartAsset.com, highlighting the city’s strong public safety and quality of life

OVERVIEW

Fee simple interest in the 171-room, institutionally owned and managed Drury Inn & Suites in McAllen, Texas. Unencumbered by debt and brand management, offering a rare opportunity to reposition or rebrand at well below replacement cost. Strong rebranding potential with numerous options from top-tier national franchisors, enabling value creation through brand repositioning

FOR SALE DETAILS

PRICE

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# OF ROOMS

171

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Drury Inn & Suites McAllen

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2000

PARKING SPACES

94

LAND DETAILS

LAND ACRES

3.63 AC

LAND SF

158,123 SF

ZONING

CO

APN/PARCEL ID

D7990-01-000-0001-00

ASK ABOUT THIS PROPERTY

Adam MontufarAlchemy Real Estate Advisors, LLCMore Info
312-576-2011

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Adam MontufarAlchemy Real Estate Advisors, LLCMore Info
312-576-2011

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