4109 Padre Blvd - Hospitality FOR SALE


South Padre Island, TX 78597
$3,950,000 USD
956-755-9560
4109 Padre Blvd, South Padre Island, TX for Sale
$3,950,000 USD
Hospitality - FOR SALE
1/31
null | 3.49% Cap Rate

4109 Padre Blvd
South Padre Island, TX 78597


OVERVIEW

SPI INN Hotel, 49 Rooms located on main Boulevard, and close to the Bay, including 2-bedroom Suite with Kitchen and spacious living area. Property tax $33,357

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$184 USD /SF

# OF ROOMS

49

PRICE/ROOM

$80,612 {currency}

CAP RATE

3.49%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Padre Island Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

46,875 SF

ZONING

C

APN/PARCEL ID

676400-1150-001100

ASK ABOUT THIS PROPERTY

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Telma LopezColdwell Banker Commercial Rio Grande ValleyMore Info
956-755-9560

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