2721 S 10th St - Hospitality FOR SALE


McAllen, TX 78503
$16,395,000 USD
650-750-1874
2721 S 10th St, McAllen, TX for Sale
$16,395,000 USD
Hospitality - FOR SALE
1/20
null | 8.5% Cap Rate

2721 S 10th St
McAllen, TX 78503


HIGHLIGHTS

  • Strategically situated near the airport and major highways, offering easy access to key attractions and business hubs in the Rio Grande Valley.
  • The Radisson brand is synonymous with quality and reliability, ensuring a steady flow of guests and strong market presence.
  • With consistent occupancy rates and robust revenue streams, the Radisson Hotel McAllen Airport represents a solid investment with potential for growth
  • The property offers opportunities for expansion or rebranding, maximizing its value and appeal in the competitive hospitality market.

OVERVIEW

Exclusive Opportunity: Radisson Hotel McAllen Airport Sarhan Hotel Group is pleased to present an exceptional investment opportunity as the exclusive advisor for the sale of the Radisson Hotel McAllen Airport. Located in the heart of McAllen, Texas, this well-established hotel benefits from its prime location just minutes from McAllen International Airport, making it a preferred choice for both business and leisure travelers. Key Highlights: Prime Location: Strategically situated near the airport and major highways, offering easy access to key attractions and business hubs in the Rio Grande Valley. Established Brand: The Radisson brand is synonymous with quality and reliability, ensuring a steady flow of guests and strong market presence. Modern Amenities: The hotel features a range of amenities, including a full-service restaurant, fitness center, outdoor pool, and flexible meeting spaces, catering to the needs of diverse guests. Strong Financial Performance: With consistent occupancy rates and robust revenue streams, the Radisson Hotel McAllen Airport represents a solid investment with potential for growth. Development Potential: The property offers opportunities for expansion or rebranding, maximizing its value and appeal in the competitive hospitality market. This is a rare chance to acquire a high-performing asset in a thriving market. Contact Sarhan Hotel Group today to learn more about this exclusive listing and how it can enhance your investment portfolio.

FOR SALE DETAILS

PRICE

$16,395,000 USD

PRICE/SF

$146 USD /SF

# OF ROOMS

150

PRICE/ROOM

$109,300 {currency}

CAP RATE

8.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Radisson Hotel McAllen Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1975

PARKING SPACES

199

LAND DETAILS

LAND ACRES

3.71 AC

LAND SF

161,608 SF

ZONING

CO

APN/PARCEL ID

J7800-00-000-0001-01

ASK ABOUT THIS PROPERTY

Dino MonteverdeSarhan Hotel GroupMore Info
650-750-1874

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Dino MonteverdeSarhan Hotel GroupMore Info
650-750-1874

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