$3,200,000 USD
55 Sam Perl Blvd
Brownsville, TX 78520
Downtown Brownsville
HIGHLIGHTS
- In between two international bridges, 5 minute walk to each bridge. 10 min walk to Texas Southmost College, 10 min walk to UT-RGV University
- 15 min walk to the US Consulate in Matamoros, MX. New restaurant will open in 2 months. City of Brownsville has a major downtown revitalization plan
- A motel conversion to mini apt. would be ideal. We rent 60-70 rooms for extended stay with a waiting list.
- Historic El Jardin hotel 3 blocks away is undergoing a $17MM renovation to rehab 40 rooms by the Housing Authority of Brownsville
- The property is located in the downtown historical overlay. property tax exemptions will be applied for in 2026. Located in Enterprise Zone.
- The Gateway bridge is undergoing a $100MM expansion. Located within a 5 min walk. Project will take 2 years with a large amount of workers are
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$64 USD /SF
# OF ROOMS
106
PRICE/ROOM
$30,189 {currency}
CAP RATE
9%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
University Inn & Suites
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1974
PARKING SPACES
100
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
C
APN/PARCEL ID
014560-0010-005100
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