Historical Hotel & Motel Sale Listing - Cielito Lindo Motel

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Cielito Lindo Motel

1912 Veterans Blvd, Del Rio, TX 78840

N/A

43 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
43
Building Size:
18,000 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Commission Split:
2.5%
Corridor:
Interior
Lot Size:
2.50 AC
Listing ID
15735028
Last Updated
over 1 year ago

Utilities

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.

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

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Created 5/29/2008