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Executive Inn & Suites 1786 W Business Highway 83 50 Room Hotel Mission, TX 78572 $2,500,000 ($50,000/Room)

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INVESTMENT HIGHLIGHTS

  • Hard Corner Located on Expressway 83 Frontage
  • Growing Area with New Development
  • Income Producing Restaurant Lease Space
  • High Traffic Counts
  • Large Local Population

EXECUTIVE SUMMARY

94,000+ Cars Daily. Hard Corner. Highway Access.
This is not your average redevelopment site. The Executive Inn sits at the intersection of Expressway 83, Business 83, and Inspiration Rd, a signalized hard corner with insane exposure and multiple points of access.
Located in the TxDOT US-83 Growth Corridor
400% projected freight traffic increase by 2050 (per TxDOT)
Ideal for gas, QSR, retail, or mixed-use
Existing motel is a turnaround play; the seller hasn’t marketed in years
Ownership is retiring; this is about lifestyle, not performance
Opportunities like this don’t come often. With major infrastructure investment, regional growth, and unbeatable traffic counts, this site is ready for the next big move.

PROPERTY FACTS

Price $2,500,000
Price Per Room $50,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.56 AC
Building Size 48,284 SF
No. Rooms 50
No. Stories 1
Year Built 1990
Parking Ratio 1.8/1,000 SF
Corridor Exterior
Zoning H

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 8 $93.00 -
Guest Room 42 $62.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
T1010-00-000-000A-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$742,025
  • Listing ID: 30409912

  • Date on Market: 12/20/2023

  • Last Updated:

  • Address: 1786 W Business Highway 83, Mission, TX 78572

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