Log In/Sign Up
Your email has been sent.
Belles Sea Inn 630 Banyan Beach Dr 15 Room Hotel Port Aransas, TX 78373 $1,900,000 ($126,667/Room)
INVESTMENT HIGHLIGHTS
- Exceptional Location with Gulf Views
- Flexible layout with unused kitchen
- Value add opportunity - long term rental with short term rental opportunity
EXECUTIVE SUMMARY
Belles Sea Inn – Income Property with Gulf Views. Perched atop one of Port Aransas’ highest dunes, the iconic Belles Sea Inn delivers immediate income and exceptional redevelopment potential. This 48,351 SF parcel (Tourist & Recreational Zoning). The property has a flexible business model to operate as either a boutique hotel or as a traditional multi-family property. The seller’s pro forma indicates a 7.3% cap rate if operated solely as a multi-family rental property, highlighting its financial strength and stability. There are 14 regular units and a spacious multi-use grand suite. The property has ocean views, outdoor patios, breezeways, a pool area, and a full commercial kitchen and dining space ready for revitalization. Located in the popular Eleventh Street corridor with direct beach access via neighboring dune walkover, this is a rare Port A opportunity combining strong returns today with flexibility for future repositioning as a boutique hotel, bed and breakfast, or simply maintained as a multi-family rental property. The listing also includes an adjacent vacant parcel.
Seller-provided proforma available upon request.
Seller-provided proforma available upon request.
PROPERTY FACTS Under Contract
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Bed & Breakfast
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | $60.00 | - |
PROPERTY TAXES
| Parcel Number | 200094037 | Improvements Assessment | $584,381 |
| Land Assessment | $1,025,630 | Total Assessment | $1,610,011 |
PROPERTY TAXES
Parcel Number
200094037
Land Assessment
$1,025,630
Improvements Assessment
$584,381
Total Assessment
$1,610,011
1 of 45
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Belles Sea Inn | 630 Banyan Beach Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.