2101 Veterans Blvd - Hospitality FOR SALE
Del Rio, TX 78840 |
2101 Veterans Blvd
Del Rio, TX 78840
HIGHLIGHTS
- Healthy Margins: 2023 Net Operating Income was 38% (62% Expense Load)
- USMCA: new law requiring products be made in US, Mexico, or Canada to be traded in US (China & Japan are establishing factories in Mexico)
- No PIP and Turn-Key: Recently completed PIP in 2022
- Demand Drivers: International Trade, Trump Reinforced Border Patrol, Amistad Lake, Laughlin Airforce Base, Del Rio Civic Center
- Amistad Dam Remediation Project: $300 Million renovation project that will boost the economy and bring a workforce of 300
- Interior & Exterior Corridor: 92 exterior keys & 55 interior keys
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
$5 Million Revenue | 2.50 Multiple | Ramada
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
242062
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1974
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
COMM
APN/PARCEL ID
14580
