210-571-0330
545 N Commercial St, Aransas Pass, TX for Sale
Hospitality - FOR SALE
1/3
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545 N Commercial St
Aransas Pass, TX 78336


OVERVIEW

Phillips and Associates Realty is pleased to present a unique opportunity to acquire the 44 room Pelican Inn, strategically located in Aransas Pass, TX only minutes from Port Aransas and Rockport. This offering represents a prime repositioning opportunity for an owner-operator looking to enter or expand within the economy lodging sector. Rebranding Opportunity: The available 44-room inventory provides an excellent foundation for a value-driven economy hotel with minimal upfront capital required. Option to pivot to short term rentals model. Local refineries in neighboring Ingleside offer consistent demand from seasonal workers. Tourism is strong with the proximity to the beaches of Rockport and Port Aransas. Financial information can be provided upon complettion of NDA.

FOR SALE DETAILS

PRICE

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# OF ROOMS

46

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pelican Inn by Belvilla Aransas Pass, TX

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1948

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,127 SF

ZONING

COMMERCIAL BUILDING

APN/PARCEL ID

R52086

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Duncan ElliottPhillips & Associates RealtyMore Info
210-571-0330

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Duncan ElliottPhillips & Associates RealtyMore Info
210-571-0330

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