2021 N Padre Island Dr | Corpus Christi, TX 78408
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- LoopNet Team
2021 N Padre Island Dr
Corpus Christi, TX 78408
Best Western Corpus Christi Airport Hotel · Hospitality Property For Sale
·
52,096 SF
INVESTMENT HIGHLIGHTS
- Acquire the Property at $73,077 per key, below replacement cost.
- $3M invested in renovations (2020-2023), exceeding Best Western standards.
- New owners enjoy an automatic transfer, simplifying transition with pre-established lower royalty payments.
- The hotel's rooms revenue saw an 8.8% increase from $1,874,232 in 2023 to $2,015,257 for the trailing-twelve-month (TTM) period through June 2024.
- Award-winning quality: Chairman’s Award for top 5% nationally in cleanliness and condition.
- Prime location near attractions like Padre Island, Downtown Corpus Christi, Texas State Aquarium, & only 4 miles from Corpus Christi Int'l Airport.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1984/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.21 AC | Parking Ratio | 1.9/1,000 SF |
| Building Size | 52,096 SF | Corridor | Interior |
| Zoning | B-4 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.21 AC |
| Building Size | 52,096 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1984/2023 |
| Tenancy | Single |
| Parking Ratio | 1.9/1,000 SF |
| Corridor | Interior |
| Zoning | B-4 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 228105 | Improvements Assessment | $6,573,734 |
| Land Assessment | $286,237 | Total Assessment | $6,859,971 |
PROPERTY TAXES
Parcel Number
228105
Land Assessment
$286,237
Improvements Assessment
$6,573,734
Total Assessment
$6,859,971
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