901 Padre Blvd - Hospitality FOR SALE


South Padre Island, TX 78597
$4,900,000 USD
956-755-9560
901 Padre Blvd, South Padre Island, TX for Sale
$4,900,000 USD
Hospitality - FOR SALE
1/24
null | 4.32% Cap Rate

901 Padre Blvd
South Padre Island, TX 78597


OVERVIEW

Blue Bay Inn Excellent Investment property on the Bay side, One Apartment with spectacular water views from balcony, including 3 bedrooms, spacious living and kitchen, property with 22 rooms, 5 kitchenette suites, plus 5 king kitchenette balcony rooms, and 12 balcony Double Q rooms.Great location.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$162 USD /SF

# OF ROOMS

50

PRICE/ROOM

$98,000 {currency}

CAP RATE

4.32%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blue Bay Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C

APN/PARCEL ID

67-6410-0030-0050-00

ASK ABOUT THIS PROPERTY

Telma LopezColdwell Banker Commercial Rio Grande ValleyMore Info
956-755-9560

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

Telma LopezColdwell Banker Commercial Rio Grande ValleyMore Info
956-755-9560

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