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Auction - Mar 3-5 | Motel 6 McAllen, TX 700 W Expressway 83 93 Room Hotel McAllen, TX 78501 $800,000 ($8,602/Room)

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EXECUTIVE SUMMARY

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2934
Starting Bid: $800,000
Auction Event: March 3-5, 2026
This economy, limited-service Hotel features 93 guest rooms across two stories. Originally constructed in 1974 on a 1.65-acre parcel, the Property encompasses approximately 23,464 square feet of gross building area and includes 62 parking spaces. The Hotel offers essential guest amenities including high-speed internet access, public-area WiFi, outdoor pool, and a patio, catering to value-oriented transient and extended-stay guests.
Strategically located along West Expressway 83, one of McAllen’s primary commercial corridors, the Property benefits from excellent visibility and access to the city’s most prominent demand generators. McAllen Miller International Airport, located approximately 1.7 miles from the Hotel, serves as a major regional gateway for both leisure and business travel. Retail and convention-driven demand is supported by La Plaza Mall and the McAllen Convention Center, which hosts conferences, trade shows, and community events throughout the year. The Hotel is also located less than two miles from South Texas Health System – McAllen and Rio Grande Regional Hospital, which maintains a Level III Trauma and NICU with 320 beds. Together, these medical facilities support substantial room nights from patients’ families, traveling clinicians, consultants, and healthcare-related conferences. Nearby campuses include South Texas College and The University of Texas Rio Grande Valley, which enroll a combined 59,800 students. Less than five miles from the Hotel, attractions such as Quinta Mazatlán and the McAllen Nature Center draw families, birders, and regional visitors, while McAllen’s role as a cross-border shopping and travel destination further strengthens demand. Planned regional developments will strengthen McAllen’s role as a U.S.-Mexico connectivity hub if executed, including the proposed Boeye Reservoir mixed-use tourism project, an estimated $200–$230 million development, in addition to ongoing data center and carrier infrastructure expansions.
McAllen is a dynamic city in southern Texas, serving as a commercial, cultural, and medical hub for the Rio Grande Valley. Strategically positioned along Expressway 83 near the U.S.–Mexico border, McAllen benefits from strong cross-border commerce, regional retail activity, and a growing professional workforce. The city’s economy is anchored by education, healthcare, finance, and advanced manufacturing, with major employers including McAllen Independent School District, the City of McAllen, Rio Grande Regional Hospital, South Texas College, International Bank of Commerce, GE Aviation, and Regal Beloit. McAllen International Airport, centrally located along Expressway 83 and directly across from La Plaza Mall, enhances regional connectivity and supports business travel, tourism, and retail demand. Together, these assets position McAllen as one of the most economically resilient and fastest-growing markets in South Texas.

PROPERTY FACTS

Price $800,000
Price Per Room $8,602
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.65 AC
Building Size 23,464 SF
No. Rooms 93
No. Stories 2
Year Built/Renovated 1974/2016
Parking Ratio 2.64/1,000 SF
Corridor Exterior
Zoning F1

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 93 $62.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
H2550-00-007-0006-07
Land Assessment
$1,207,483
Improvements Assessment
$2,557,376
Total Assessment
$3,764,859
  • Listing ID: 39067617

  • Date on Market: 2/5/2025

  • Last Updated:

  • Address: 700 W Expressway 83, McAllen, TX 78501

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