

Listed by Encore Fine Properties
$1,050,000
711 E Business 83
Details
Property Type Hospitality
Sub Type Hotel
Square Footage 18,912
Units 59
Year Built 1985
Buildings 9
Acreage 2.210
Parking Spaces 50
Hospitality
Marketing description
Presenting a prime investment opportunity in the thriving area of Weslaco, Texas, this expansive hotel/motel complex is strategically situated across three addresses: 709, 711, and 713 E Business Highway 83. Nestled on over three acres, this versatile property boasts 40 well-appointed hotel rooms complemented by ten apartment complexes. Its strategic positioning off the expressway ensures easy access and high visibility, making it an ideal candidate for redevelopment or new ventures. A significant feature of this property is the expansive vacant land, equipped with ten water and ten electric connections, offering substantial frontage that beckons development. This is an unparalleled opportunity for developers or investors interested in remodeling and maximizing the property's full potential. Priced to sell, this commercial gem offers a canvas for visionary investors to create a landmark destination in a burgeoning area.
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Listed by Encore Fine Properties
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