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Blue Bay Inn 410 International Blvd 50 Room Hotel Hidalgo, TX 78557 $4,500,000 ($90,000/Room)
Executive Summary
Excellent opportunity to acquire a bay front 50 room hotel in a high traffic area of South Padre Island, TX. The hotel is a short distance to the beach, and is also in walking distance to quite a few retailers. The coastline is a 34 mile long beach and has several extensive nature tourism market drivers, world-class wind and water recreational activities, an entertainment district, and local restaurants. South Padre Island, TX, is located in the southern part of the state and is a popular drive-to-beach destination for travelers.
Property Facts
| Price | $4,500,000 | Building Size | 30,258 SF |
| Price Per Room | $90,000 | No. Rooms | 50 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2000/2018 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $4,500,000 |
| Price Per Room | $90,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Building Size | 30,258 SF |
| No. Rooms | 50 |
| No. Stories | 4 |
| Year Built/Renovated | 2000/2018 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 50 | $62.00 | - |
1 1
Property Taxes
| Parcel Number | 10063-00-000-0000-70 | Improvements Assessment | $13,299,842 |
| Land Assessment | $6,442,954 | Total Assessment | $19,742,796 |
Property Taxes
Parcel Number
10063-00-000-0000-70
Land Assessment
$6,442,954
Improvements Assessment
$13,299,842
Total Assessment
$19,742,796
Contact
-
Esteban Flores -
Effective Real Estate
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Blue Bay Inn | 410 International Blvd
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