2101 Veterans Blvd | Del Rio, TX 78840
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- LoopNet Team
2101 Veterans Blvd
Del Rio, TX 78840
$5 Million Revenue | 2.50 Multiple | Ramada · Hospitality Property For Sale
·
130,652 SF
INVESTMENT HIGHLIGHTS
- Healthy Margins: 2023 Net Operating Income was 38% (62% Expense Load)
- No PIP and Turn-Key: Recently completed PIP in 2022
- Amistad Dam Remediation Project: $300 Million renovation project that will boost the economy and bring a workforce of 300
- USMCA: new law requiring products be made in US, Mexico, or Canada to be traded in US (China & Japan are establishing factories in Mexico)
- Demand Drivers: International Trade, Trump Reinforced Border Patrol, Amistad Lake, Laughlin Airforce Base, Del Rio Civic Center
- Interior & Exterior Corridor: 92 exterior keys & 55 interior keys
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1974/2022 |
| Building Class | B | Parking Ratio | 2.13/1,000 SF |
| Lot Size | 7.56 AC | Corridor | Interior |
| Building Size | 130,652 SF | ||
| Zoning | COMM | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.56 AC |
| Building Size | 130,652 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2022 |
| Parking Ratio | 2.13/1,000 SF |
| Corridor | Interior |
| Zoning | COMM |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 14580 | Improvements Assessment | $7,353,847 |
| Land Assessment | $2,391,053 | Total Assessment | $9,744,900 |
PROPERTY TAXES
Parcel Number
14580
Land Assessment
$2,391,053
Improvements Assessment
$7,353,847
Total Assessment
$9,744,900
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