314 Cut-Off Rd
Renowned & Established 58 Unit Motel in Port Aransas, TX
Marketing description
Seize the chance to own an iconic and well-established motel in the heart of downtown Port Aransas. Nestled on just under 2 acres of prime land along Cut Off Road, Shark Reef Resort offers unmatched potential for continued success or expansion. This turnkey property includes 52 well-maintained rooms, 6 charming cottages, and a leased retail space, offering diverse revenue streams. Sitting on nearly 2 acres of prime real estate along the Cutoff Road, this property offers endless possibilities for creative expansion. The current configuration includes a spacious lounge area that could easily be transformed into a breakfast café, wine tasting room, or other unique guest experiences. Imagination is your only limit!
Investment highlights
52 updated rooms with remodeled interiors, modern furniture, and kitchenettes in select units.
6 standalone cottages, perfect for extended stays or family getaways.
Leased retail space on-site, offering an additional income stream.
2-bedroom on-site condo, ideal for owner-operators or converting into additional rental space.
Recent mechanical systems, windows, and a recently replaced roof ensure low maintenance for years to come.
Recently updated pool and a relaxing hot tub for guest enjoyment.
On-site laundry facility and plenty of space to house a full-time maintenance team.
Long-term return guests for the past 20 years, showcasing a loyal customer base and consistent bookings.
No flood damage during Hurricane Harvey and only minimal repairs were needed.
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