832-270-1699
1 S Main Ave, Laredo, TX for Sale
Hospitality - FOR SALE
1/39
null | Request Cap Rate

1 S Main Ave
Laredo, TX 78040


HIGHLIGHTS

  • Marriott Delta Conversion - Key Money Available - Full Service Holiday Inn is also available as well as other brands.
  • Busiest Port in the United States - Around $320 Billion in imports and exports traveled through the port in 2023.
  • Exceptionally Strong Market - Nearby Embassy Suites doing $155 RevPAR and Residence Inn $143 RevPAR.
  • For the First Time in 20 Years, the U.S. Bought More from Mexico than China in 2023 - Tariffs on Chinese exports are driving near-shoring in Mexico.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Landmark Hotel in Laredo, Texas. The property is located at 1 South Main Avenue, nestled in the heart of historic downtown Laredo, just steps from the Rio Grande and close to local shops, restaurants, and cultural landmarks. Thanks to its prime location, the hotel receives business from a diverse population of both corporate and leisure travelers.

FOR SALE DETAILS

PRICE

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# OF ROOMS

204

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marriott Delta Conversion Opportunity Laredo

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

15

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C

APN/PARCEL ID

161811

ASK ABOUT THIS PROPERTY

Dennis DrakeCBREMore Info
832-270-1699

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Dennis DrakeCBREMore Info
832-270-1699

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.