612 E Expressway 83 - Hospitality FOR SALE


La Joya, TX 78560
$2,500,000 USD
419-577-2253
612 E Expressway 83, La Joya, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/25
null | 15% Cap Rate

612 E Expressway 83
La Joya, TX 78560


HIGHLIGHTS

  • LARGE BANQUET HALL
  • VERY LARGE MANAGERS APARTMENT
  • VERY SPACIOUS CONCRETE PARKING LOT

OVERVIEW

No owner financing, existing lender is willing to finance the hotel; must bring strong financials.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$94 USD /SF

# OF ROOMS

41

PRICE/ROOM

$60,976 {currency}

CAP RATE

15%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2006

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,655 SF

ZONING

CO

APN/PARCEL ID

L2555-01-000-0048-00

ASK ABOUT THIS PROPERTY

Dave MohanDave MohanMore Info
419-577-2253

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Dave MohanDave MohanMore Info
419-577-2253

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