This Hotel & Motel Property is Off-Market.

1912 Veterans Blvd
Del Rio, TX 78840 ·

43 Rooms · Hotel & Motel For Sale

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Cielito Lindo Motel

Price N/A Property Use Type Investment
No. Rooms 43 Commission Split 2.5%
Building Size 18,000 SF Corridor Interior
Property Type Hotel & Motel Lot Size 2.50 AC
Property Sub-type Full Service
Listing ID: 15735028 Date Created: 05/29/2008 Last Updated: 01/15/2009

Description

This property is a diamond in the rough, great income potential. Ideal property for owner manage. With some tender loving care and updating this property could be a gold mine. Single story entry makes the entire property handicap accessable. Center pool gives the Hacienda feel. Restaurant building next door is part of property. Great food. Extra .4 acres available in the rear, can be purchased separately. Most units are rented by the month. If converted to daily rates, the income for this property has the potential to double.

This property is located on a main thoroughfare of Del Rio, across from the city's civic center, close to the border. Del Rio is home to Laughlin Air Force Base and Lake Amistad, great hunting and fishing facilities and ideal for the tourist who wants to spend a few hours in Mexico having fun and shopping and coming back to stay overnight on the US side of the border. Del Rio has its own municipal airport and is experiencing great economic growth.

Research

1912 Veterans Blvd, Del Rio, TX 78840 (Val Verde County)

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