1705 N Highway 181 | Portland, TX 78374
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- LoopNet Team
1705 N Highway 181
Portland, TX 78374
Comfort Inn & Suites Portland Corpus Christi · Hospitality Property For Sale
·
35,094 SF
INVESTMENT HIGHLIGHTS
- Property is currently absentee owned and has great potential for a more hands-on owner/operator to restructure operations and maximize profitability
- Potential to Rebrand with Spark by Hilton. Spark by Hilton offers a fresh brand image and the benefits of a well-established hospitality company
- Seller financing is available to a qualified buyer that has a strong background in hotel operators
- According to the December 2022 STR, hotel ranked fifth in terms of occupancy, average daily rate, and RevPAR, leaving major room for improvement
- The property is available at a discount to its replacement cost, presenting a cost-effective investment opportunity
- Excellent location among strong corporate & leisure demand generators and close proximity to Corpus Christi
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2008 |
| Building Class | B | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 1.62 AC | Corridor | Interior |
| Building Size | 35,094 SF | ||
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.62 AC |
| Building Size | 35,094 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2000/2008 |
| Parking Ratio | 1.37/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 57811 | Improvements Assessment | $2,088,575 |
| Land Assessment | $691,600 | Total Assessment | $2,780,175 |
PROPERTY TAXES
Parcel Number
57811
Land Assessment
$691,600
Improvements Assessment
$2,088,575
Total Assessment
$2,780,175
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