4302 Surfside Blvd - Hospitality FOR SALE
Corpus Christi, TX 78402 |
4302 Surfside Blvd
Corpus Christi, TX 78402
HIGHLIGHTS
- The property is available at a discount to its replacement cost, presenting a cost-effective investment opportunity.
- Twenty-nine (29) guestrooms have been recently renovated with the Days Inn by Wyndham “Dawn” package.
- Contains a two-bedroom, one-bathroom manager’s apartment.
- The property is situated approximately one block west of North Beach and within two miles of popular attractions.
- Per the May 2023 trailing-twelve-month (TTM) monthly STR Report, the hotel ranked fifth in terms of RevPAR, leaving major room for improvement.
- August 2023 TTM RevPAR for the hotel was $26.99 while the market RevPAR was $37.00, which shows the potential for growth.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Days Inn Corpus Christi Beach
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
19828
STORIES
3
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1983
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
AT
APN/PARCEL ID
201987,201994,201996
