709 E Business 83 | Weslaco, TX 78596
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709 E Business 83
Weslaco, TX 78596
Economy Inn · Hospitality Property For Sale
·
18,912 SF
INVESTMENT HIGHLIGHTS
- Business 83 frontage (17,000 AADT)
- The 56 motel rooms could be kept as 56 efficiencies or they could be combined to create 28 one-bedroom units, 14 two-bedroom units
- The adjacent 1 acre lot is also available for purchase
- Currently operated as an unprofitable motel
- The house and duplex that are on Business 83 frontage could be converted to commercial/office or they could be used as additional residential rental
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1985 |
| Building Class | C | Parking Ratio | 2.64/1,000 SF |
| Lot Size | 2.21 AC | Corridor | Interior |
| Building Size | 18,912 SF | ||
| Zoning | C3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.21 AC |
| Building Size | 18,912 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 2.64/1,000 SF |
| Corridor | Interior |
| Zoning | C3 |
PROPERTY TAXES
| Parcel Number | G6600-00-000-0007-00 | Improvements Assessment | $0 |
| Land Assessment | $240,000 | Total Assessment | $240,000 |
PROPERTY TAXES
Parcel Number
G6600-00-000-0007-00
Land Assessment
$240,000
Improvements Assessment
$0
Total Assessment
$240,000
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