Land & Luxe Realty is pleased to present a rare short sale hospitality opportunity in Alice, Texas. This 95-room hotel asset is situated on approximately 4.36 acres with over 1,100 feet of highway frontage, providing excellent visibility, access, and long-term commercial potential.
Strategically positioned along a major South Texas corridor, approximately 44 miles west of Corpus Christi, the property offers investors the opportunity to acquire a sizeable hospitality asset at a compelling price point. The site includes hotel improvements, restaurant space, and FF&E available separately, creating potential for continued hotel operations, renovation, repositioning, or alternative commercial use.
Offered at $775,000 for the real estate and $250,000 for FF&E (totaling $1,025,000), this short sale presents a value-add opportunity for experienced investors, owner-operators, and redevelopment buyers seeking a below-replacement-cost acquisition with strong frontage and flexible upside.
Seller needs to close as soon as possible. Short sale approval required. Buyer to independently verify all property information, condition, financials, zoning, permitted uses, and approval requirements.