539 S 12th St - Hospitality FOR SALE


Port Aransas, TX 78373
$1,900,000 USD
361-438-1380
539 S 12th St, Port Aransas, TX for Sale
$1,900,000 USD
Hospitality - FOR SALE
1/13
null | 8.5% Cap Rate

539 S 12th St
Port Aransas, TX 78373


HIGHLIGHTS

  • Coveted Old Town location just a block from the beach.

OVERVIEW

The Beachcomber is a super-sweet Old Town Port Aransas boutique motel in a PRIME location just steps to the beach and a short walk to Horace Caldwell Pier, the South Jetty, shopping and many of Port A’s fabulous dining spots. It’s golf cart accessible, so getting to marinas and Mustang Beach airport is a snap. The Beachcomber sits on high ground in one of the sweetest island spots, and is an established income producer. It offers a ton of additional potential, too - think boutique surf lodge. The unit mix is spread throughout three buildings and includes two 2-bedroom units, six 1-bedroom units (one of which is extra-large with Gulf views), and four efficiency units (one of which is on the 3rd floor with Gulf views). An office & laundry facility, enclosed hot tub, pool, picnic & barbecue area plus plenty of parking round out the amenities. The two Gulf view units are above the office & can be connected to create a 2-bedroom unit, & either or both could be home to an owner/operator. Lot size is 19,867 sq. ft. Total living area 6,306 sq. ft. Zone R-1 legal nonconforming use - The Beachcomber preexists zoning. This is your sign to move to the beach.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$301 USD /SF

# OF ROOMS

13

PRICE/ROOM

$146,154 {currency}

CAP RATE

8.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beachcomber Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

R1

APN/PARCEL ID

270551

ASK ABOUT THIS PROPERTY

Jana SnowMark Grosse Real EstateMore Info
361-438-1380

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Jana SnowMark Grosse Real EstateMore Info
361-438-1380

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