Best Western Inn Of Del Rio 810 Veterans Blvd 61 Room Hotel Del Rio, TX 78840 $3,500,000 ($57,377/Room) 12.44% Cap Rate

Investment Highlights
Brand-Affiliated Limited-Service Asset: Two-story, sixty-one-room Best Western International Hotel built in 1984 and located in the heart of Del Rio.
Attractive Pricing: The Hotel is attractively priced at a room revenue multiplier of 2.97 and capitalization rate of 11 percent. This offers investors a compelling opportunity to acquire the asset at a conservative valuation with significant upside potential.
Strong Cross-Border Corporate Demand: Convenient to Ciudad Acuña’s major automotive manufacturing hub, including GM, Bendix, Gentherm, Caterpillar, and additional multinational suppliers.
Proximity to Defense and Government Activity: Located less than ten miles from Laughlin Air Force Base, home to the 47th Flying Training Wing and significant year-round military travel.
Operational Advantage for Ownership: Includes extensive on-site manager’s quarters enabling efficient owner-operator or live-in management structure.
Recent Capital Enhancements: New roof installed in October 2021 and a strong Best Western International QA score of 938 supporting brand compliance and performance.
Climbing Submarket RevPAR: As of October, the 12-month average RevPAR in the Texas West Area Hotel Submarket increased by 2.4 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market.
Room Revenue Upside Potential: With a RevPAR Index of 97 percent, the Hotel presents untapped potential. Leveraging strategic revenue management and targeted marketing initiatives could increase room revenue to $1.3–$1.6 million, unlocking significant upside and delivering stronger returns for investors.
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Best Western Inn of Del Rio (‘Hotel’ or ‘Property’) located in Del Rio, Texas. The Best Western International-affiliated Hotel is offered at $3,500,000 or $57,377 per key.
Built in 1984, the Best Western Inn of Del Rio is a well-maintained, two-story, 61-room asset ideally situated less than two miles from Del Rio International Airport. The Hotel features a variety of guest amenities including an outdoor pool, fitness center, business center, and on-site laundry facilities. Additionally, the property offers extensive on-site manager’s quarters, providing operational efficiency for owner-operators or local management.
As of October, the 12-month average RevPAR in the Texas West Area Hotel Submarket increased by 2.4 percent, indicating robust growth. The Hotel is attractively priced at a room revenue multiplier of 2.97 and capitalization rate of 11.0 percent. This offers investors a compelling opportunity to acquire the asset at a conservative valuation with significant upside potential.
Centrally located off the main highway in the heart of Del Rio, Texas the Best Western Inn Hotel is near area attractions such as the city of Ciudad Acuña (in Mexico). Moreover, Sul Ross State University’s Del Rio campus further supports consistent demand from faculty, students, and visiting families throughout the year. A key demand driver in the region is Laughlin Air Force Base, located less than ten miles from the Hotel. The Base is home to the 47th Flying Training Wing Maintenance Directorate, which manages aircraft, equipment, and facilities valued at more than $1.3 billion, supporting a strong base of business and government-related travel. The Hotel is situated with easy access to Mexico and located about 6.5 miles from the automotive manufacturing hub of Ciudad Acuña in Coahuila, Mexico.
Del Rio, located in Val Verde County along the U.S.–Mexico border, is a key economic and cultural hub in Southwest Texas with a population of approximately 33,300 residents and a broader bi-national trade area exceeding 150,000 people when combined with its sister city, Ciudad Acuña. The Del Rio-Ciudad Acuña area’s manufacturing sector includes major employers such as Irvin Automotive Products, Bendix, Gentherm de México, Caterpillar, RESCO Electronics, and Toter Incorporated, all of which contribute to consistent cross-border business travel. Notably, General Motors is one of the largest manufacturers in the city and operates a large assembly plant in Ciudad Acuña that attracts visiting executives, engineers, and contractors who frequently stay in Del Rio. In 2024, Bendix opened a fourth manufacturing plant that is also located in Ciudad Acuña. With the city’s border location, and both Lake Amistad Dam International Crossing and Del Río-Ciudad Acuña International Bridge existing as the two ports of entry, the region serves as a convenient location for companies to ship their products to the United States Market. In addition to manufacturing and defense, agriculture remains a vital component of Del Rio’s economy. The area produces cotton, sorghum, and pecans, and supports extensive cattle and sheep farming operations. This sector drives demand for a variety of local businesses and services that contribute to steady economic activity, including agricultural equipment suppliers, feed stores, and veterinary operations.