1212 E Laurel St - Hospitality FOR SALE


Rockport, TX 78382
$1,900,000 USD
210-445-7223
1212 E Laurel St, Rockport, TX for Sale
$1,900,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

1212 E Laurel St
Rockport, TX 78382


HIGHLIGHTS

  • Fully renovated with no immediate capital expenditures required
  • Versatile room configurations suitable for both short and extended stays
  • High-quality amenities designed to enhance guest satisfaction and foster repeat business
  • Prime location near Rockport's key attractions, including festivals, museums, art galleries, dining, and entertainment

OVERVIEW

Exceptional opportunity to own a fully renovated 29-room motel near Rockport Beach. This turn-key property is perfect for hospitality entrepreneurs seeking a modern, income-ready asset. Property Breakdown: Total Rooms: 29 (28 renovated) - 10 Kitchen Rooms (2 King, 8 Two Queens), 7 Standard King Rooms, 11 Standard Two Queen Rooms. Amenities: Free High-Speed WiFi, Outdoor Swimming Pool, Vending Machines, Guest Laundry, Renovated Covered Patios, Outdoor Cardio/Gym Equipment, Easy Access to Rockport Beach, Harbor Fairgrounds, and Historical Arts District. Capital Improvements: Complete guest room renovation—new FF&E, bedding, flooring, stucco, electrical, plumbing, storm rated windows, and fresh paint. Operational Features: Innsoft Check-Inn software— no monthly fees, On-site manager's quarters with 1 bedroom and full kitchen, full camera security system. This is a rare chance to own a fully updated hospitality property. Schedule a private tour today!

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

29

PRICE/ROOM

$65,517 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blue Wave Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B-1

APN/PARCEL ID

R32635

ASK ABOUT THIS PROPERTY

Tom VerducciKW CREMore Info
210-445-7223

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Tom VerducciKW CREMore Info
210-445-7223

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