The bid deadline has been extended to November 1 by 5:00 p.m. (CT). Hilco Real Estate announces a Bankruptcy Sale with the U.S. Bankruptcy Court Southern District of Texas (Corpus Christi), Petition No. 24-20201 (MI) | In re: Heritage Hotels Rockport, LLC. On-site inspections will be held on October 9, 16 and 23, by appointment only. This spectacular, 78-room, full-service hotel, located directly on the beautiful Aransas Bay, offers savvy hotel owners, operations and investors the opportunity to acquire a turnkey hotel at a significant discount to replacement cost. With trailing 12 months (TTM) revenue of nearly $3M, the hotel features strong in-place revenue streams. Further, the surrounding coastal regions of Corpus Christi saw robust population growth between mid-2022 and mid-2023, signaling increased tourism rates and timely investment into the Rockport area in years to come. Located along the Gulf of Mexico in South Texas, Corpus Christi sees more than 10.6 million visitors each year. The city has experienced strong traveler demand over the past two years, with a 20% increase in occupancy rates from 2022 to 2023. This surge highlights the potential for additional hospitality development as the market continues to grow. The right investor can take advantage of this submarket and capitalize on the Lighthouse Inn’s unmatched location and views.