355 E Goodnight Ave - Hospitality FOR SALE


Aransas Pass, TX 78336
$3,300,000 USD
210-849-2175
355 E Goodnight Ave, Aransas Pass, TX for Sale
$3,300,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

355 E Goodnight Ave
Aransas Pass, TX 78336


HIGHLIGHTS

  • 60-room Microtel Inn & Suites by Wyndham positioned in a major coastal tourism and industrial hub.
  • STR-verified top RevPAR performer with strong ADR upside potential.
  • Over $180,000 to $300,000 invested in renovations, including upgraded rooms, HVAC, pool deck, and EV charging stations.
  • Multiple demand generators from tourism, port activities, industrial projects, and energy-sector lodging.
  • Located near Port Aransas Ferry, Redfish Bay, and short drive to Corpus Christi amenities.
  • Convenient access to Hwy 35 and Hwy 361 supporting regional connectivity for both leisure and business travelers.

OVERVIEW

Microtel Inn & Suites by Wyndham offers an exceptional opportunity to acquire a proven income-generating hospitality asset in the Coastal Bend region. Located in Aransas Pass near Corpus Christi, this 60-room, Wyndham-branded hotel is positioned to capture demand from multiple sources, including tourism overflow from Port Aransas, energy-sector lodging tied to Eagle Ford and Permian activity, and Port of Corpus Christi workforce accommodations. The hotel is a top-performing RevPAR leader within its STR competitive set, with strong performance across occupancy indicators and meaningful average daily rate (ADR) upside. Recent capital improvements totaling $180K–$300K have been completed, including guest room renovations, pool deck resurfacing, HVAC upgrades, EV charging stations, and exterior enhancements. Remaining Wyndham PIP obligations are minimal and estimated at $250K–$300K over 24 months. Located minutes from Redfish Bay, Padre Island, major fishing and boating destinations, and the Coastal Bend tourism corridor, the property serves leisure and corporate travelers alike. Its proximity to Hwy 35 provides convenient regional connectivity to Corpus Christi International Airport, major ports, and interstate trade routes, positioning the hotel for sustained performance and continued growth in one of Texas’ most dynamic coastal submarkets.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$145 USD /SF

# OF ROOMS

60

PRICE/ROOM

$55,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Microtel Inn & Suites by Wyndham Aransas Pass

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2005

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

GB

APN/PARCEL ID

64773

ASK ABOUT THIS PROPERTY

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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