110 S Main - Hospitality FOR SALE


Dilley, TX 78017
$950,000 USD
214-755-8201
110 S Main, Dilley, TX for Sale
$950,000 USD
Hospitality - FOR SALE
1/59
null | 14.85% Cap Rate

110 S Main
Dilley, TX 78017


HIGHLIGHTS

  • Renovated
  • Located right off 35 highway

OVERVIEW

Historic Hotel Dilley Grand, the original beloved hotel of Dilley, TX and once a hideout of Bonnie and Clyde, is now offered for sale to qualified investors. Newly renovated and branded along the bustling 35 Highway, the property boasts 19 thoughtfully designed hotel rooms plus an owners' apartment. All rooms feature plush bedding, smart TV's, rain shower heads, a new high-speed wireless network, powerful air conditioning, work desks, microwaves and mini-fridges. The property also boasts several large parking areas with space for even 18-wheelers and RVs. Other capital improvements include a new security camera system, electronic internet-connected locks, new exterior sign, exterior lighting and paint, and fresh bed sheets. Also included is a large laundry room with commercial washer and dryer and ample shelving with supplies. The additional one-bedroom apartment offers potential for owner-occupied living or additional rental income. All furnishing will convey along with the hoteldilley.com website and active Facebook page and following. Dilley, TX is strategically located along the busy 35 highway, providing critical access to surrounding areas and serving as a vital transportation hub in South Texas. Highway 35 runs north-south, connecting San Antonio, Austin, and Dallas to the north and Laredo to the south. Dilley’s proximity to the San Antonio-New Braunfels MSA enhances its appeal, especially for those seeking investment potential in a tertiary yet economically active region. This two-story hotel, located at 110 S Main St, features amenities such as a barbecue grill, picnic tables, and ample parking which make the property attractive for both short-term and long-term stays, catering to corporate clients and travelers alike. Situated equidistant from major cities such as San Antonio, Corpus Christi, and Laredo, Dilley serves as a key midpoint between these major cities, offering easy access to economic and cultural hubs. This strategically located property offers strong cash flow, making it a compelling investment for those looking to capitalize on demand from the local energy sector. New ownership can unlock additional value by securing corporate contracts with nearby companies, driving revenue growth through extended-stay business and higher room rates. Rebranding presents a key opportunity to enhance the property's appeal to corporate clients, particularly those in the energy sector. By fostering a more business-friendly atmosphere, the hotel can attract long-term corporate guests, boost occupancy, and command higher average daily rates (ADR). The steady demand from nearby energy companies ensures that rebranding will not only enhance immediate returns but also increase future resale value. Hotel Dilley Grand benefits directly from its proximity to the Eagle Ford Shale, which, as of mid-2024, produced 1.1 million barrels of oil per day and 7.3 billion cubic feet of natural gas. Dilley’s economy is driven by the energy sector, with 874 producing leases and over 4,800 drilled wells supporting ongoing oil and gas production. Infrastructure expansions, including Ironwood Midstream’s management of 390 miles of pipelines, further sustain production and ensure a steady influx of workers in need of long-term accommodations. Major industry players such as Marathon Oil, ConocoPhillips, and EOG Resources anchor the local workforce, providing a consistent demand for extended-stay lodging. This industrial activity secures a reliable guest base, particularly for oilfield workers requiring long-term housing.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$85 USD /SF

# OF ROOMS

20

PRICE/ROOM

$47,500 {currency}

CAP RATE

14.85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Dilley Grand

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,788 SF

ZONING

Hotel

APN/PARCEL ID

00010-00018-00200-000000

ASK ABOUT THIS PROPERTY

Scott HoggColdwell Banker Global LuxuryMore Info
214-755-8201

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Scott HoggColdwell Banker Global LuxuryMore Info
214-755-8201

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