Listed by Cravey Real Estate Services Inc
$1,600,000
Padre Motel
Details
Property Type Hospitality, Land
Sub Type Motel
Square Footage 23,420
Brand/Tenant Padre Motel
Price per SqFt $68
Acreage 4.710
Zoning CG-1
Hospitality
Marketing description
The Padre Motel and business is being offered for sale in entirety or in part. Seller is
willing to sell the entire business and property together, subdivide or lease the
available land. Recently remodeled management living quarters with kitchen 4
bedrooms and 2 bathrooms. 44 Rooms, 20 Rooms recently remodeled in the past 2
years.
We are representing the sale of real estate only.
Great access and high visibility from the highway. Walking distance from Walmart, bus stop and right on the access road to South Padre Island Drive.
Listing Contacts
Listed by Cravey Real Estate Services Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
