2620 Santa Ursula Ave | Laredo, TX 78040
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2620 Santa Ursula Ave
Laredo, TX 78040
Sky Palace Inn & Suites · Hospitality Property For Sale
·
26,612 SF
INVESTMENT HIGHLIGHTS
- 72 Units with Excellent Visibility on Interstate 35
- Asking $55,000 per Key
- Underperforming Comparable Hotels by 47%; Strong Upside Potential following Recent Renovations
- Large 2 Bedroom Manager's Apartment On-Site
- Absentee Owner
- The Port of Laredo is #1 inland port along the U.S - Mexico border, and the City of Laredo has a Population of 260,000
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1965 |
| Building Class | C | Parking Ratio | 2.34/1,000 SF |
| Lot Size | 1.12 AC | Corridor | Exterior |
| Building Size | 26,612 SF | ||
| Zoning | B-3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 26,612 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Exterior |
| Zoning | B-3 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 163852 | Improvements Assessment | $1,049,356 |
| Land Assessment | $1,200,644 | Total Assessment | $2,250,000 |
PROPERTY TAXES
Parcel Number
163852
Land Assessment
$1,200,644
Improvements Assessment
$1,049,356
Total Assessment
$2,250,000
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